gbp/usd

This is a discussion on gbp/usd within the Forex forums, part of the Markets category; Key levels to watch for: Support: 1.3090; 1.2700; 1.2516; Resistance: 1.3270....

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Old Jul 27, 2017, 6:31pm   #691
Joined Jul 2017
Key levels to watch for:
Support: 1.3090; 1.2700; 1.2516;
Resistance: 1.3270.
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Old Jul 28, 2017, 12:47am   #692
Joined Apr 2014
Gbp/Usd support level can be found at today's low 1.3050, downward movement seems limited short-term, I'm expecting correction movement before downside continues.
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Old Jul 28, 2017, 1:48pm   #693
Joined Oct 2014
GBP/USD has been really choppy lately. I'm out of this pair for now.
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Old Jul 28, 2017, 1:56pm   #694
Joined Jun 2017
The British pound also recorded a decline against the US dollar on Thursday. Session started at 1.3120 and the pound lost 56 pips. Graphics continued to grow above the creeping averages, while the relative strength index remained neutral. Establishing the pair above 1.3090 will be indicative of the interest of the bulls, whose next target is the resistance at 1.3270.
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Old Jul 29, 2017, 4:11pm   #695
Joined Apr 2014
Bullish consolidation may clear the pair to the way up if break above resistance around 1.3150/60 zone.
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Old Jul 31, 2017, 9:02am   #696
Joined Apr 2017
GBPUSD has reach 1.31600 again and possible retracements are quite normal action.

As I have been writing last four months there are 2 channels for the rest of the year. One is 1.30-1.32 and the second one 1.32-134 ...

GBPUSD price is 1.3130 now and possible to pullback to 1.3100.

So my intraday trading idea is SHORT GBPUSD target 1.3105 where MA50 support in H1 Chart and breaking below 1.3105 will carry the price to
1.30700.

It will be a good intraday trade with 30 and 60 pips profit on GBPUSD .
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Old Aug 2, 2017, 12:29am   #697
Joined Apr 2014
Gbp/Usd remains in the positive territory while pulled back starts corrective movement. Resistance can be found at 1.3245, break above leads to further gain.
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Old Aug 2, 2017, 10:33pm   #698
Joined Apr 2014
The pair continues consolidating its gains ahead of BoE monetary policy meeting tomorrow. Resistance can found at 1.3250 and follow by 1.3300.
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Old Aug 4, 2017, 3:29am   #699
Joined Apr 2014
Gbp/Usd took reverse turn followed by the BoE's decision remain its low rate unchanged and found support at daily low 1.3110. The pair consolidating on the downside ahead of US Non-farm payroll.
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Old Aug 4, 2017, 11:10am   #700
Joined Oct 2014
GBP/USD hovering around 1.31, the pair looks fragile in the choppy environment lately.
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Old Aug 4, 2017, 11:50am   #701
Joined Jul 2017
The dollar pulled 84 pips out of the pound. At the beginning of the day one British pound was exchanged for $ 1.3198, and the course headed for resistance at 1.3250. By noon the bulls managed to break through and peaked at 1.3265, but three hours later the bears took their bottom at 1.3112. The last quotation for the day was 1.3137.
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Old Aug 4, 2017, 11:51am   #702
Joined Jul 2017
Support: 1.3030; 1.2860; 1.2690;
Resistance: 1.3250; 1.3380.
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Old Aug 7, 2017, 9:57am   #703
Joined Oct 2014
GBP/USD has moved a bit to the downside. Possibly market sentiment could switch from bullish to bearish for the week. The US dollar seems strong.
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Old Aug 7, 2017, 11:26pm   #704
Joined Apr 2014
Over the weekend, news showing UK is prepared to pay up to €40 billion divorce bill. The uncertainty around Brexit negotiation bring the pair towards the downside and found support level at 1.3000.
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Old Aug 8, 2017, 8:16pm   #705
Joined Apr 2014
Gbpusd

The GBPUSD breaks below the 1.3000 level as the Dollar rallies on better than expected jobs report and the Pound drops on weaker consumer spending. The pair may drop to the 1.2900 level, but the 55 day EMA may act as support.
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