GBP/USD forecast - page 115

 
Sharp rise, followed by even sharper drop in GBP/USD. The price bounced down from 1.3300 and if the pair manages to break the strong support 1.3070, the next level is 1.3000, then 1.2910.
 
GBP/USD: Judging by the close of week's trade, I prefer the bearish scenario.
 

GBPUSD

I think GU will go down next week

 
GBP/USD: The pair is extremely calm since the beginning of the week. I am waiting for a clear direction for opening a position.
 
GBPUSD moved lower, hopefully this week there will be an uptick to first res at 1.3365.
 
GBP/USD: Ahead of FOMC, the pair holds steadily above 1,3150. Let's see how the FOMC minutes will affect the pair, but so far it shows signs of stability.
 
The pound is turning its direction. Healing slowly. Forming upside channel and the next stop would be 1.3200.
 
The GBPUSD has no clear direction in the midterm, even though it has dropped in the short term. For now the 1.30 may still act as support and the 1.33 may act as resistance.
 
GBP/USD: The pair fell sharply as the dollar rose against all majors. The next level to look for is 1.3050.
 
Neutral for the time being, waiting for fresh new developments.
Reason: