gbp/usd

This is a discussion on gbp/usd within the Forex forums, part of the Markets category; Good bearish bounce on the GBPUSD from the 200 day EMA, around the 1.4657 level....

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Old May 2, 2016, 4:41am   #57
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Gbpusd

Good bearish bounce on the GBPUSD from the 200 day EMA, around the 1.4657 level.
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Old May 3, 2016, 2:14pm   #58
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GBP/USD is testing 1.4620, if it breaks out below that level its next target would be around 1.4560.
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Old May 3, 2016, 4:27pm   #59
 
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Old May 4, 2016, 2:19am   #60
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Gbpusd

The GBPUSD continues with its bearish retracement, but the bullish trend is still in place, that may change if the pair breaks below the 1.4500 level.
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Old May 4, 2016, 6:07am   #61
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j.n started this thread Very much long right now at 1.45409. You might wanna...
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Old May 4, 2016, 1:40pm   #62
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The pair bounced off the support at 1.4470, which is EMA89 on the four-hour time frame, but I don't think this is the end to the move to the downside. In my opinion GBP/USD would test the support one more time at least, and if it breaks below it it will continue falling towards 1.4400.
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Old May 4, 2016, 7:04pm   #63
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j.n started this thread I'm adding on 3 more.
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Old May 5, 2016, 2:11pm   #64
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The support at 1.4470 proved to be pretty strong and the pair bounced off of it again. I think it will likely continue climbing towards 1.4560 again.
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