GBP/USD

Dec 9, 2015
533
8
28
#46
The pair is still testing the resistance at 1.4400 and I don't think it will be able to break above that level before the market closes. Next week, however, we will see a breakout, I think. On the other hand, if it bounces off that resistance we can expect a further move to the downside towards 1.4000 again, in my opinion.
 
Dec 9, 2015
533
8
28
#47
GBP/USD broke above 1.4400 and the rally continues. I think the next long-term target is around 1.4900, and there's a significant possibility it might climb higher than that.
 

radex78

Active member
Jan 29, 2011
135
0
26
#48
GBP/USD broke above 1.4400 and the rally continues. I think the next long-term target is around 1.4900, and there's a significant possibility it might climb higher than that.
Ihope so this pair will move higher and on major bullish, weekly timeframe this pair already figure out two bullish candle has occured and I hope will become sign if trend bullist still domninating on this pair
 

j.n

Member
Mar 17, 2016
76
0
16
#49
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.
Got my 1.46000! Good spot to sell here fokes.
 

j.n

Member
Mar 17, 2016
76
0
16
#50
You could get short for an easy ... errr .... 300 pips and I don't think it would give you too much trouble. BUT - there's so many little guys to make money on in between, almost not worth tying up your money for it.
 
Jul 10, 2014
648
10
28
#51
The pair found some resistance at 1.4640 and is currently testing the support at 1.4550. A breakout below that level could lead to a further drop to 1.4500.
 

fxstrategist

Active member
Apr 10, 2014
565
15
28
#53
Gbpusd

The GBPUSD stays right in between the 1.4500 and the 1.4600 levels, but the bullish trend is still in place. Next resistance could be the 200 day EMA.
 
Dec 9, 2015
533
8
28
#55
The move to the upside clearly continues for the moment, the first target is likely 1.4640, which is the previous high.
 
Last edited:

fxstrategist

Active member
Apr 10, 2014
565
15
28
#60
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.