Gbpusd

[Dmitriy Ushakov]

The pair is moving along the upper border of the descending trading channel. If the pair hits the support level 1.5419, it will be possible to open Sell to the support level 1.5363. Buying should be considered if it gets beyond the trade channel in the upward direction. Resistance levels are now the levels 1.5500 and 1.5556.

 

[Dmitriy Ushakov]

During yesterday's trading session, the currency pair GBP/USD tried to gain a foothold in the 54 figure, but failed, and at this time it is in the flat between the resistance levels of 1.5517 and 1.5556 and support levels 1.5468 and 1.5430 in the upward trading channel. You can try to sell to the levels of support, and at the bottom of the channel you should consider buying.

 

[Dmitriy Ushakov]

Yesterday during the whole trading session the currency pair GBP/USD was held at the 51st figure within the range 1.5180 - 1.5106. Now the pair is already above the resistance level 1.5138, and indicators point to the possibility of growth to the resistance level around 1.5171, where you should sell it near the upper border of the downward channel. Support levels for today - 1.5097 and 1.5064.

 

[Dmitriy Ushakov]

For the second time, the pair was trying to storm the resistance 1.5500 and this time, I think that it should succeed. I see the nearest goal as resistance level of 1.5660. If bears press more, support 1.5100 will hold the price from further drop and will perform as the foothold.

 

[Dmitriy Ushakov]

The pair by no way can not get out of the downtrend channel. Buy order from level 1.5265 remains relevant. Perhaps today bulls will be able to take over, yesterday there were such attempts. Since I am expecting test of week Highs, I do not look for sales now.

 

[Dmitriy Ushakov]

Yesterday's trading session was spent by the currency pair GBP/USD in south. It reached the bottom border of the downward channel, rebounded. Now it is being traded below the resistance level around 1.4975 and 1.5056. Indicators hint at the possibility of buying the pair to the resistance levels on correction. Today's sale toward support levels 1.4868 and 1.4787 should be considered if the pair overcomes the barrier of the bottom border of the channel.

 

[Dmitriy Ushakov]

According to USD became stronger, GBPUSD decrease forth session, yesterday it went 145 pips down. And it achieved trend support, and it is traded between 1,4924 and 1,4985 resistance and 1,4840 and 1,4779 support levels. You should buy it from 1,4924, or sell if it breaks this channel.

 

[Dmitriy Ushakov]

Yesterday the currency pair GBP/USD tried to gain a foothold in the 46th figure, but failed and now the chart shows it below the resistance level of 1.4546. If the pair can pass this barrier, it should be considered for purchase to the resistance level of 1.4598, where at the top of the channel we should re-evaluate the situation. Support levels for today - 1.4489 and 1.4432

 

[Dmitriy Ushakov]

On H1 chart we can clearly see that the currency pair GBP / USD moved in a channel in the range 1.4445 - 1.4325 yesterday. At the moment the pair is trying to overcome the support level of 1.4392, below which we can sell to the support level 1.4340. But the level has resisted, so if the pair exceeds the upper limit of the channel, then you can think about buying to the resistance levels 1.4460 and 1.4512 .

 

[Dmitriy Ushakov]

The pair is forming the rising wedge, growth is corrective. I believe in the coming days we will see the price exiting this figure and begin a new decline. In the meantime, the price will gradually rise to the upper border of the wedge and resistance 1.4587, from which expect to see a rebound and decline.

 

[William]

The asset is flat now. I’ll set pending orders nearby the upper bound and bottom line and will see which one is gonna work.

 

[William]

I suppose that the price will turn after reaching the 1.2610 level.

 

[William]

I think that the gbpusd asset would renew its minimum.

 

[alextrader79]

Trump criticizes the strong dollar. How soon will the US Federal Reserve increase the rate? Or should we expect another vector of events development? What do you think?

 

[lioneld]

I just closed my buy trade that I opened 1.3063 level; I guess buyers are going to leading this pair.