gbp/usd

This is a discussion on gbp/usd within the Forex forums, part of the Markets category; The British pound recorded a neutral session against the US dollar on Tuesday. The currency pair opened at 1.3462 and ...

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Old Sep 27, 2017, 5:31pm   #766
Joined Jul 2017
The British pound recorded a neutral session against the US dollar on Tuesday. The currency pair opened at 1.3462 and after a volatile session the pound lost only 4 pips. If the price goes up, the pair will target the resistance at 1.3600. Otherwise, in the downside, maybe there will be a first support test at 1.3440.
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Old Sep 27, 2017, 5:31pm   #767
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Support: 1.3440; 1.3260; 1.3100;
Resistance: 1.3600;
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Old Sep 28, 2017, 6:17pm   #768
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GBP/USD bounced off from the support at 1.3340 and broke out above 1.3375, which is the (MA)89 indicator on the four-hour time-frame. The rally will probably continue towards 1.3500.
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Old Sep 29, 2017, 12:30pm   #769
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I'm sorry i missed selling
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Old Sep 29, 2017, 5:13pm   #770
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GBP/USD tested the support at 1.3340 - 1.3350 and bounced off from it again, forming a double bottom - a further signal for a new move to the upside.
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Old Sep 29, 2017, 10:53pm   #771
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The British pound also posted an increase against the US dollar on Thursday. The session started at 1.3384 and ended at 1.3439. Graphics continued to evolve between creeping averages, while the relative strength index remained neutral. In the short term, prospects remain neutral, and the 1.3260 and 1.3440 levels are indicative of the upcoming direction.
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Old Sep 30, 2017, 8:39pm   #772
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The British pound was down against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.3397, losing 0.33%. I believe that the support is now located at the level of 1.3343, the low of Thursday, and resistance is likely at 1.3572 - Monday's high.
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Old Oct 2, 2017, 7:08am   #773
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Gbp/Usd is consolidating lower, upside seems limited to 1.3660 level. Brexit talks still lack of progress, eyes turn to UK PMI this week.
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Old Oct 2, 2017, 7:41pm   #774
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So much about that double bottom at 1.3340 - 1.3350, GBP/USD is still very bearish. It could even fall to 1.3200.

Last edited by victoriajensen; Oct 2, 2017 at 7:52pm.
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Old Oct 3, 2017, 6:16pm   #775
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GBP/USD reached a low at 1.3220 and began a sideways consolidation. Later this week there will be major fundamentals, so the pair will likely continue consolidating until then.
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Old Oct 3, 2017, 6:30pm   #776
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On the first day of the new week, the Pound/Dollar currency pair lost 107 pips. The day was opened at 1.3380, and not long after the bulls recorded a modest peak at 1.3402. For the rest of the day, the bears dominated and took the course only 6 pips to the support at 1.3250. By the end of the session one pound was exchanged for 1.3273 dollars.
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Old Oct 3, 2017, 6:31pm   #777
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Support: 1.3250; 1.3100;
Resistance: 1.3450; 1.3600; 1.3830;
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Old Oct 4, 2017, 2:43pm   #778
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GBP/USD did find some support at 1.3220 and it will probably climb to 1.3300, which is the (MA)89 indicator on the one-hour time-frame. That said, a breakout above that resistance is unlikely before the fundamentals later this week. Consolidation continues for now.
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Old Oct 6, 2017, 4:33pm   #779
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The pound lost more than a figure against the US currency on Thursday. The last day's quote was 1.3118 or 128 pips from the opening rate of 1.3246. Extreme values ​​for the day were recorded at 1.3249 and 1.3107 respectively. If the trend remains unchanged, it will soon be the first support breach, which is only 7 pips away.
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Old Oct 7, 2017, 12:21pm   #780
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I do not use scalping because I generally use GBP/USD which has fast trading spreads , but scalping is suitable just for lowest trading spreads.
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