GBP/Usd falls into range on the fears of potential US-China trade war, resistance can be seen at 1.4220 and on the downside 1.40 act as psychological support.
GBP/Usd is still holding above 1.40 level, but bearly. Only break below this psychological level would continue to drag the pair downward.
I started this thread a few days after Brexit. It would appear that since then GBPUSD has virtually recovered to its pre Brexit levels and I hope guys/gals on here have been making money on the resurgence with ideas shared here and elsewhere.
GBP/Usd is still very bearish, immediate support can be found at 1.3960, I'm expecting it break below could bring the pair further on the downside.
The pair has found immediate support at 1.3745, break below will confirm correction movement end and further decline ahead.
Gbp/Usd is consolidating in the negative territory, the pair is still under a lot of pressure, and found support zone around 1.3480/85, break below would lead to further decline.
Gbp/Usd consolidation continues around 1.35/36 zone, showing very little changes. Short-term the pair is showing no clear direction.
The pair has continued losing ground, testing 1.34 handle. Break below, we are looking at 1.33 level.
With bank holiday on Monday and light economic data this week, I would expect a short period of correction movement without directional strength, but the long-term bearish trend is not just over yet.
Gbp/Usd is trading slightly up before UK PMI figure, found immediate resistance at 1.3375. But the pair remains directionless long-term.
Bulls remain strong ahead of UK manufacturing report, the pair would continue the bullish trend as long as the pair stays above 1.3420.
GBP/Usd seems settled just above 1.32 level, still in negative territory, further downside would be confirmed only if the pair break below the 1.32 handle.
Gbp/Usd recovered from the yearly low last week and now consolidating around 1.3260, immediate support can be found at 1.3240, break below will increase the pair's bearish potential.
GBP/Usd starts resuming its losses, important support level can be found around 1.305 level, break below would open the door to further decline.
The starts the week a bullish gap, Pound is pushing above 1.33 level after UK government decided to go for ''soft'' Brexit.
GBP/Usd is trading almost flat around 1.3240, the pair seems to aim higher but no clear upside strength, immediate resistance can be found at 1.3285.
The pair has recovered from Friday and entre correction mood, immediate resistance can be found at 1.3155, and on the downside, support level at 1.3100 and followed by 1.3000 psychological thresholds.
GBP/Usd seems directionless to consolidate around 1.31 level, but there is the key event to focus on, BoE policy decision--rate hiking might be expected.
In the short term, the pair continues showing strong downward potential. Immediate support lies at 1.2970/75, and follow by 1.2955/50.
GBP/Usd is consolidating around 1.275 because quiet Monday, but there are no signs of indicating downward exhaustion.
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