Download MetaTrader 5

GBP/USD forecast - page 99

To add comments, please log in or register
Victoria Jensen
1011
Victoria Jensen  
The pair formed a hammer candlestick on the four-hour time-frame at 1.3345, there may be a new move to the upside.
Victoria Jensen
1011
Victoria Jensen  
The pair is moving to the upside indeed, next target is likely at 1.3470.
mtllc
141
mtllc  

GBP/USD broke the to below the key level 1.3450 and indicators on the four hour time frame are heading lower. Now the pair is unable to keep bullish stance. The current market price is 1.3372 and I think the pair will test soon the first support at 1.3360.

Victoria Jensen
1011
Victoria Jensen  
There are major fundamentals coming out in a few minutes that will likely cause a lot of volatility, I will likely wait until after to trade this pair.
Victoria Jensen
1011
Victoria Jensen  
The pair may break out below 1.3300, if it does next target will be around 1.3250.
Cougar512
124
Cougar512  
Initially pound / dollar had an ascending momentum yesterday, but then dropped and made the bottom at 1.3256. This fact keeps the bears' phase strong. Signals are descending in short terms for testing 1.3204 / 00. The closest resistance is at 1.3300, whose breakthrough can take the price to a neutral trading area. Any upward pressure can be seen as a good opportunity for short positions.
Ari Goldman
880
Ari Goldman  
I think 1.32 is not too far in the distance and possibly 0.618 at 1.2960.
Victoria Jensen
1011
Victoria Jensen  
The pair formed a double bottom at 1.3200, it may bounce off from that level.
izuchukwu ubah
15
izuchukwu ubah  
we are hoping to see GBP/USD retest 133.229  we may get to target {1} 1.32260 or down to target {2}1.30517  good lock
WS2017
111
WS2017  
Brexit continues to be the main uncertainty in the UK, keep the Pound under pressure. PM still struggles to find common ground on important Brexit issues. This week focus on EU withdrawal bill debate and BoE interest rate decision.
To add comments, please log in or register