The pair continues its consolidation above 1.30 level due to the rumours about we might finally get Brexit financial services deal this week. My next target is at 1.3090.
Any further movements will likely depend on the American fundamentals tomorrow. The pair will probably consolidate until then.
The pair is trading just above 1.3100 level, continue with its bullish tone. US mid-term election result may affect the pair. I set my target at 1.3150.
GBP/USD is quite bullish after yesterday’s fundamentals and it will likely continue rising towards 1.3200.
GBP/Usd is maintaining its gains well above 1.3100 level, next resistance can be found around 1.3190, break above would open the door to further gains.
It found some resistance above 1.3175 and bounced off from it, the question now is whether it will break out below 1.3100 again.
It did break out below 1.3100 and below 1.3000 too. Next target will likely be around 1.2900.
Pounds under pressure after Jo Johnson resigns over Brexit. With no Brexit deal at sight, GBP/Usd could remain in the negative territory. Next support level can be found around 1.2940 level.
I agree, next week it will likely continue moving to the downside, and it may even break out below 1.2940.
The pair is still very bearish and is about to test the support at 1.2825 once again. After that there will likely be a breakout below 1.2500 as well.
GBP/Usd started the week with a bearish gap and downward movements continue on Brexit disappointment. In the H4 chart, the pair is consolidating around 1.2840 before the further decline as long as the Irish border problem stays unsolved.
GBP/USD bounced off from 1.2825 and moved to the upside. It is currently so bullish it will likely reach 1.3050.
Did you trade the Brexit news?
Once again, Brexit related headlines about the EU and the UK agreed on a Brexit deal have been driven the pair and hit this week high. But it is still a long way ahead of us, the deal is yet to be approved by the UK’s parliament, let’s see.
I managed to trade part of the rally but currently I have closed my long positions. That said, the pair may rise towards 1.3060.
GBP/Usd had rollercoaster day while Brexit news kept coming. Currently, the pair is trading just under 1.30 level and lack of strong directional strength, I guess only Brexit headlines will tell us more clearly about where this pair going.
GBP/USD fell sharply today due to fundamentals and it may continue falling towards 1.2700.
Still moving down, fairly quickly at the moment. I opened a short position this morning ET and am 50 pips in profit. Most of that came in the last 30 min! Can we get down to Oct lows? I think that’s the next level of support. But who knows with the Brexit “talks”.
The pair reached 1.2720 and bounced off from that support, next target will likely be at 1.2900.
GBP/Usd pulled up from yesterday’s loss but remain bearish. As long as Brexit uncertainty continues, the Pound will remain under pressure. Eyes on European summit scheduled for Sunday next week.
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