GBP/USD forecast - page 53

fxstrategist007
108
fxstrategist007  
There is a good resistance zone on the GBP/USD around the 1.2800 round number level, which coincides with the 55 day EMA. A breakout of the 1.2800 level may take the pair to the 1.2900 zone. To the downside, a good support area could be the 1.2600 zone.
Ivan
416
Ivan  

The British pound was up against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.2782, adding 0.20%. I believe that support is now at around 1.2636, Monday's low, and resistance is likely at 1.2818, the maximum of Wednesday.

csc2009
835
csc2009  

Gbp/Usd has a small gap down in H4 chart ahead of Brexit negotiation.

deresel
672
deresel  

The British pound lost 107 pips against the dollar. The session was opened at 1.2736, and prior to noon the bulls scored their peak at 1.2757. This was the turning point of the day, as the bears broke the support at 1.2690, bottomed at 1.2602. At the end of the day 1 pound was exchanged for 1.2629 US dollars.

deresel
672
deresel  

Key levels to watch for:

Support: 1.2560; 1.2490;

Resistance: 1.2690; 1.2860; 1.3030.

Ivan
416
Ivan  

The British Pound attempted to offset the loss from the previous day by adding 43 pips to its asset against the dollar. The opening quote for the day was 1.2628, and before noon the bears recorded their bottom at 1.2589. There was a rapid response from the bulls and the course broke the resistance at 1.2690 to reach a peak of 1.2671. Bulls did not have the strength to keep the course over the resistance, and at the end of the day a pound was exchanged for 1.2671 US dollars.

Ivan
416
Ivan  

The British pound was up against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.2719, gaining 0.29%. I believe that support is now at the level of 1.2587, the minimum of Wednesday, and the resistance is likely at 1.2817, the maximum of Monday.

Ari Goldman
965
Ari Goldman  

GBP/USD is still hesitating, interesting to see what the week brings. Important events coming up.

csc2009
835
csc2009  

Gbp/Usd start week with a small gap up. Political uncertainty remains as Theresa May has been unable to form a government until now.

deresel
672
deresel  

The British pound reported a volatile session against the US dollar on Monday. The currency pair lost only 11 pips at a closing price of 1.2722. Daytime extreme values ​​were reached at 1.2759 and 1.2706 respectively. A more significant challenge for the couple in the downward direction is the 1.2700 level. A potential breakthrough will create the possibility of a prolonged decline.