GBP/USD

The pound recorded a positive session against the dollar on Thursday. The British currency continued the bullish trend since Tuesday, but a key breakthrough was not reached. Trading was open at 1.3170 and the final was 23 pips higher. The session was extremely volatile, with the difference between the highest and the lowest for the day being 71 pips.
 
GBP/USD is still consolidating sideways, but the pair may test the resistance at 1.3300 again next week. The question is whether there will finally be a breakout above that level.
 
Gbp/Usd continue ranging between 1.302 and 1.325 with limited upward strength. The market continue to focus on Brexit.
 
The British pound recorded a modest rise against the US dollar on Friday. The currency pair started at 1.3192 and the pound recorded a volatile session. The price jumped from the resistance at 1.3260 and the pair finished at 1.3216. Breaking the levels at 1.3260 or 1.3100 will be indicative of prevailing attitudes.
 
Gbpusd

The GBPUSD stays bullish, but it has not been able to break above the 1.3300 level. Above the 133.00 level, its next resistance is at the 1.3500 level. To the downside, the 1.3100 level is still its most relevant support.
 
The British pound recorded a volatile session against the US dollar on Monday. The currency pair added 18 pips to a closing price of 1.3233. The chart continued to grow above the moving averages, while the relative strength index remained neutral. If the price continues to rise, the pound will focus on the resistance at 1.3260.
 
GBP/USD is still stuck in the sideways consolidation between 1.3030 and 1.3320. The fundamentals this week may finally end the consolidation but so far there is no signal that will happen.
 
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GBP/USD is relatively bullish and it may reach the resistance at 1.3320 yet again soon. It is unlikely that it will break out above it before the fundamentals later today though.
 
The British pound recorded a significant increase against the US dollar on Wednesday. The currency pair opened at 1.3237 and the price managed to break the first resistance at 1.3260. The pound finished at 1.3323 and in the short term the outlook remains positive, the immediate target is 1.3440.
 
Gbp/Usd seems has lost it upside momentum, hovering around 1.33 level, break above 1.3360 would send the pair back to its bullish trend.
 
Despite forming a new high at 1.3382 GBP/USD bounced off from that level and formed a shooting star candlestick on the daily time-frame before continuing moving to the downside. If it breaks out below 1.3220 it will probably fall back to 1.3140, which is the (MA)89 indicator on the daily time-frame.
 
An extremely dynamic session recorded the pound against the dollar on Monday. Despite the volatile trend, however, the opening price was close to closing at 1.3320 and 1.3316, respectively. At first, the moods dominated and the pair reached a peak at 1.3382, breaking the first resistance at 1.3371. Subsequently, the pound totally lost its accumulated positions.
 
The pound recorded a second consecutive volatile session against the dollar on Tuesday. Trading was open at a rate of 1.3316, as in the early hours the bearish sentiment was leading. So the pair broke the first support at 1.3244, after being hit bottom for the day at 1.3221. Subsequently, the trend sharply changed and the final was put in favor of the British currency at 1.3337. If the bullish moods continue, the resistance at 1.3404 will be tested.
 
GBP/USD bounced off from 1.3220 and rallied again, breaking out above 1.3382. The pair will likely continue moving to the upside towards 1.3500.
 
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