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Eurusd/gbpusd - page 2279

Victoria Jensen
1012
Victoria Jensen  

GBP/USD is testing the resistance at 1.3300, which coincides with the (MA)89 indicator on the weekly time-frame. If it breaks out above that level there will likely be a further move to the upside towards 1.3500 - 1.3520.

Ari Goldman
880
Ari Goldman  

The euro lost some despite the negative US news.

csc2009
835
csc2009  

Risk remains on the upside, Gbp/Usd consolidate just below 1.3300 level and found immediate resistance at 1.3330.

csc2009
835
csc2009  

Eur/Usd has just recovered the small bearish gap, I'm expecting the pair might continue it's upward trend as long as it's above the support level 1.1670.

Victoria Jensen
1012
Victoria Jensen  

EUR/USD continues consolidating around 1.1800. On the daily time-frame there's a spinning top candlestick at that level, which is a signal for indecision and not, necessarily, for a reversal. The indecision will probably continue until the fundamentals later this week.

Victoria Jensen
1012
Victoria Jensen  

GBP/USD bounced off from 1.3340 and is currently testing the support at 1.3155. A breakout below that level will likely lead to a drop towards 1.3090, which is the (MA)89 indicator on the daily time-frame. On the other hand, if it bounces off from 1.3155 it could rally back to 1.3250.

Victoria Jensen
1012
Victoria Jensen  

EUR/USD almost reached 1.1800 and it's still very bullish for now. A breakout above 1.1800 will probably lead to a rally to 1.1870.

Ari Goldman
880
Ari Goldman  

Very tricky to trade lately. I'm still expecting the bullish rally to continue.

Victoria Jensen
1012
Victoria Jensen  
Ari Goldman:

Very tricky to trade lately. I'm still expecting the bullish rally to continue.

So do I. It broke out above 1.1800, a breakout above the last high at 1.1880 will likely lead to a further move up to 1.2000.

Victoria Jensen
1012
Victoria Jensen  

GBP/USD bounced off yet again from the (MA)89 indicator on the daily time-frame at 1.3090. That said, it's doubtful it will break out above 1.3200 before the market closes for this week.