GBP/USD likely direction - Page 57
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  1. #561
    Join Date
    Apr 2016
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    287
    GBPUSD - Buy at 1.2887
    BASIC PARAMETERS

    • Entry: 1.2887 (per market)
    • Stop: 1.2850
    • Limit: 1.2966

  2. #562
    Join Date
    Nov 2015
    Posts
    378
    My mistake: wrong currency
    Key levels to watch for:
    Support: 1.2700; 1.2516; 1.2360;
    Resistance: 1.3090; 1.3270.

  3. #563
    Join Date
    Apr 2016
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    287
    Pound / dollar had momentum up yesterday, making a peak at 1.2990. The trade signals are upward, but I note that we need a clear breakthrough over the key 1.2985 resistance for the sequel to the bullish test scenario at 1.3050 or higher. We have immediate support at 1.2930. A clear breakthrough underneath it could take the price to a neutral trading area testing 1.2880.

  4. #564
    Join Date
    Nov 2015
    Posts
    378
    The pound recorded a positive session against the dollar on Wednesday. So the pair came out of the narrow range that the last few days have not been changing. Resistance at 1.2987 was hit for a moment, but very quickly the dollar compensated for the losses and the pair finished below the key levels. Trading on Wednesday was opened at 1.2918, the trend being bullish in most of the time. Peak for the day was reached at 1.2989 and the final was 20 pips lower.

  5. #565
    Join Date
    Nov 2015
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    378
    Key levels to watch for:
    Support: 1.2801; 1.2757;
    Resistance: 1.2987; 1.3057.

  6. #566
    Join Date
    Apr 2016
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    287
    The British pound was up against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.3037, gaining 0.75%. I believe that support is now at around 1.2864, Tuesday's low, and resistance is likely at 1.3051, Thursday's high.

  7. #567
    Join Date
    Nov 2015
    Posts
    378
    On Tuesday, the pound-dollar currency pair lost 40 pips of its value. The day was opened at a price of 1.3001 and began with the prevailing power of the bears. Just before noon, they recorded a bottom of 1.2953. The next few hours were volatile for the currency pair. The bulls managed to make a bigger move, breaking the resistance at 1.3030 and recording a peak of 1.3032, but at the end of the day the quote stayed away from these values ​​at a price of 1.2961.

  8. #568
    Join Date
    Nov 2015
    Posts
    378
    Key levels to watch for:
    Support: 1.2860; 1.2690;
    Resistance: 1.3030; 1.3220; 1.3440.

  9. #569
    Join Date
    Apr 2016
    Posts
    287
    Pound / dollar attempted to decrease yesterday, reaching bottom at 1.2926, but closed higher at 1.2975. The couple adhered to the trendline of support. The signals are neutral, possibly with light bullish signals for testing the key resistance 1.3050, which should be clearly pierced for the sequel to the bullish scenario. Intraday support we have at 1.2930 / 25. A clear breakthrough below this zone may cause further bearings to test for 1.2880.

  10. #570
    Join Date
    Apr 2016
    Posts
    287
    The British pound was down against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2804, losing 1.07%. I believe that support is now at around 1.2776, the low of Friday's trading, and the resistance is likely at 1.3044, Monday's high.

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