gbp/usd

This is a discussion on gbp/usd within the Forex forums, part of the Markets category; Originally Posted by arigoldman On its way up imo You're right. I'm disappointed, I thought it would fall towards 1.4170, ...

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Old Apr 4, 2016, 2:01pm   #17
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Originally Posted by arigoldman View Post
On its way up imo
You're right. I'm disappointed, I thought it would fall towards 1.4170, but next target is around 1.4420.
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Old Apr 4, 2016, 3:28pm   #18
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Originally Posted by FxJunkies View Post
Attachment 222044

Bearish on cable
The 1 hour chart on GBPUSD shows price returning to the middle Bollinger Band after the strong move down on Friday. It has failed to close above the middle band with a very bearish candle closing at 10am UK time. I'm looking to sell if it moves below the low of this candle.
Are you sure? I see on newyork session this pair move up trend on hourly timeframe, and not yet occur break low daily candle, monday market often pair move on low movement average
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Old Apr 4, 2016, 6:19pm   #19
j.n
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I see it up to about 1.46000, but that's definitely longer term. If it opens near where it closed yesterday, you could buy and probably eek out about 40 points, short term. I'm definitely looking to buy if Friday's lows are tested.
It didn't quite test the Friday lows where I wanted to buy, but I was correct in the direction. I definitely see 1.46 here in the next couple weeks but there are plenty of longs and shorts between now and then.
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Old Apr 5, 2016, 6:42pm   #20
 
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...we headed under 4100 here? inquiring minds wish to know
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Old Apr 5, 2016, 10:06pm   #21
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Originally Posted by gerryg View Post
I think after Friday data US Dollar will receive more bulls attention, so I guess shorting GBP/USD is a good idea for next week.
As I was predicting ... today GBP/USD is at 1.4151
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Old Apr 6, 2016, 5:06am   #22
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Gbpusd

The GBPUSD breaks below the 1.4200 level and it may try to visit the 1.4100 level.
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Old Apr 7, 2016, 3:43pm   #23
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...we headed under 4100 here? inquiring minds wish to know
We're possibly headed towards 1.4000. It already broke below 1.4100.
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Old Apr 7, 2016, 3:58pm   #24
 
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looks to me like up !
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