GBP/USD forecast - page 45

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Pound/Dollar attempted to push lower yesterday, formed a bottom at 1.2346, but turned up and closed higher at 1.2507. The bias is neutral, possibly with slight bullish signals for testing 1.2600. Intraday support is at 1.2450, whose breakthrough could lead to downward pressure on testing 1.2400 - 1.2350. Overall I remain neutral.
 
On previous candlestick on daily occured pinbar, and this is also giving signal after on down trend then appear buyer preessure and might will move to bullish again
 

Greetings,

It looks like GBP/USD consolidate forming a kind of flag. Confirmation over 1.2550 may bring back the strong bulls :) 

 
The pound continued upwards momentum and managed to add another 31 pips against the dollar. The day was volatile. The price by opening of session was 1.2507, as in the morning had bottomed at a rate of 1.2474. There were four strong bullish hours and a high at 1.2549. Ultimately session ended in the red for the dollar at a price of 1.2538 dollars per pound.
 
Key levels to watch for:
Support: 1.2420; 1.2120;
Resistance:   1.2558; 1.2690.
 
GBP/USD - Dollar is pushing again breaking below 1.2475. Perhaps we may go down to 1.2420/30 to the end of the day.
 
The British pound fell against the dollar on Friday. By the closing of US trading GBP/USD was trading at 1.24849, shedding 0.06%. I believe that the support is now located at the level of 1.2344, Tuesday's low, and resistance is likely at the level of 1.2585 - maximum of Thursday.
 
I too am looking at 1.2344. Going to wait until a test of that level before entering any trades
 
The pair bounced just below 1.2500 level with downside seems limited to 1.2430.
 
Greetings,
GBP/USD - Looks no clear direction from 15M to 4H chart. Perhaps on 5M some long trades may bring a few points, but will avoid this pair today, or et least now :).
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