GBP/USD forecast - page 103

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The move to the downside may not be over yet after all, there could be a breakout below 1.3200.
 
Pound / dollar fell yesterday, reaching a bottom of 1.3200, and earlier today hit 1.3189. The outlook is down to testing the support of 1.3100 - 1.3050, especially if the price can make a clear breakthrough and a convincing move below 1.32. Resistance for the day is 1.3225. A clear break above this level could take the pair into a neutral trading area with testing at 1.3275 or higher.
 
It briefly dropped below 1.3200 but now it's consolidating above it again. The question is when there will be a proper breakout.
 
Pound / dollar was indecisive yesterday, but still managed to keep the downside after failing to break the EMA 200. The price continues to notice lower tops and bottoms on daily chart, and earlier today hit 1.3164. The signals remain bearish in the short term to test support 1.3100 - 1.3050. Immediate resistance remains 1.3225, whose breakthrough can take the price to a neutral zone for testing 1.3275.
 
The British pound did not find a direction against the US dollar on Thursday. The currency pair opened at 1.3203, closing unchanged. The pound did not find a direction throughout the day, as we would expect the pair to test the next level of support at 1.3135. Otherwise, breaking the resistance at 1.3300, we would expect the upward movement to resume.
 
GBP / USD
Key levels to watch for:
Support: 1.3220; 1.3150;
Resistance: 1.3300; 1.3456;
 
I got a feeling that GBP will rise against USD next week. It is hard to predict the price but my analysis is that it'll rise. :)
 
The pair bounced off from 1.3100 and is now back above 1.3200, next week there may be another move to the upside.
 
Choppy market this week, i'm neutral currently, but more inclined towards bearish sentiment.
 

GBP/USD found support around 1.3100 and closed higher. Yet the pair remains hesitant as bulls can not decisively fight the 1.3300 handle.

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