All Blog Posts Tagged 'GBPUSD' (742)

GBPUSD Daily Forecast Jul 25 2014

Outlook in GBPUSD remains on the downside as long as resistance 1.7000/1.7040 holds on a daily closing basis , next support comes at the 1.6965 levels , losing this level  would open 1.6900 next , further downside will aim the 1.6825 levels…….

On the upside , resistance comes at the 1.7000 levels ahead of the 1.7040 levels ( main) , break of the 1.7040 levels on a daily basis will turn outlook neutral for retesting the 1.7082/1.7143 levels before the next fall…

In all , as long…

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Added by Haitham653 on July 25, 2014 at 9:25am — No Comments

GBPUSD Daily Forecast Jul 24 2014

Outlook in GBPUSD remains on the downside as long as resistance 1.7082 holds on a daily closing basis , support comes at the 1.7040 levels , losing this level would open 1.7000 levels , a halt is likely ,and buyers might back to the market form this point ,  but losing the 1.7000 levels will open 1.6950 next , further losses will aim the 1.6880 levels…

On the upside , resistance comes at the 1.7082 levels , break of 1.7082 on a daily basis will turn outlook neutral for retesting the…

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Added by Haitham653 on July 24, 2014 at 6:59am — No Comments

GBPUSD Weekly Forecast Jul 21 2014

Despite the bearish correction last week , outlook in GBPUSD remains on the upside , resistance comes at the 1.7120/ 1.7179 levels , sustained trading above the  1.7179 would open the 1.7310 levels , a halt is likely , and a top is suggested around this level, but break of the 1.7310 levels will open the 1.7480 next , further upside will aim the 1.7665 levels…

On the downside , support comes at the 1.7051 levels ahead of the 1.6991 levels ( main ) , sustained trading – weekly closing…

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Added by Haitham653 on July 21, 2014 at 10:25am — No Comments

GBPUSD Weekly Forecast Jul 14 2014

Outlook in GBPUSD remains on the upside this week , resistance comes at the 1.7179 levels , a break would open the 1.7310 levels , a halt is likely , and a top is suggested around this level, but break of the 1.7310 levels will open the 1.7480 next , further upside will aim the 1.7665 levels…

On the downside , support comes at the 1.7051 levels ahead of the 1.6991 levels ( main ) , losing the last one on a weekly closing basis will turn outlook neutral for retesting the 1.6737/1.6692…

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Added by Haitham653 on July 14, 2014 at 10:16am — No Comments

Deutsche Bank:G10 Trade idea of the week-Short GBP/USD

"Short GBP/USD The domestic growth cycle is now probably in the price, with expectations for 2014 growth forecasts revised up substantially and the market now pricing three BoE hikes by July next year. However, there are risks that Q2 GDP may surprise to the downside after this week’s soft manufacturing and construction output numbers. Market positioning remains stretched (see chart right)."…

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Added by Daologic on July 14, 2014 at 6:00am — No Comments

GBPUSD Daily Forecast Jul 04 2014

Outlook in GBPUSD remains on the upside as long as support 1.7114 holds on a daily closing basis , resistance comes at the 1.7165 levels ,  break of 1.7165 on a daily basis would open 1.7235 levels next , further upside will aim the 1.7320  levels…

On the downside , support comes at the 1.7114 levels , losing this level on a daily closing basis will turn outlook neutral for retesting the 1.7051/1.7007 levels before the next rise…

In all , as long as support holds 1.7114 holds…

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Added by Haitham653 on July 4, 2014 at 8:48am — No Comments

FX Light - Strategy Around NFP's and ECB Rate Decision.

3rd July 2014. So today we have a fair bit packed into the news flow because there is a July 4th holiday on Friday so we have NFP’s today, plus we have an ECB rate decision. It could well be argued that a big upside surprise on Non-Farm Payrolls will shake up the equity markets but I…

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Added by Gary on July 3, 2014 at 8:42am — No Comments

GBPUSD Daily Forecast Jul 02 2014

Outlook in GBPUSD remains on the upside as long as support 1.7114 holds on a daily closing basis , resistance comes at the 1.7165 levels , a break would open 1.7235 levels next , further upside will aim the 1.7320  levels…

On the downside , support comes at the 1.7114 levels , losing this level on a daily closing basis will turn outlook neutral for retesting the 1.7051/1.7007 levels before the next rise…

In all , as long as support holds 1.7114 holds on a daily closing basis ,…

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Added by Haitham653 on July 2, 2014 at 10:05am — No Comments

FX Light - UK House Prices, GBPUSD and Yellen's IMF Lecture This Afternoon.

“I’m not afraid to raise interest rates. I raised interest rates in Canada. I have not an issue with doing that if it’s appropriate.” Mark Carney – Governor of The Bank Of England

 

2nd July 2014. Interesting times. Cable at a five year high even though…

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Added by Gary on July 2, 2014 at 7:42am — No Comments

GBPUSD Daily Forecast Jul 01 2014

The GBPUSD continued its bullish momentum yesterday ,topped at the 1.7114 levels &  printed support at the 1.7007 levels . This development leaves the pair targeting the 1.7170 levels , a halt could be seen , but a breach will turn focus on the 1.7235 levels , further upside will aim the 1.7300 levels.

On the downside , support comes at the 1.7051 levels ahead of 1.7007 ( main) , stability above support levels will keep the bullish momentum intact , however ; sustained trading –…

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Added by Haitham653 on July 1, 2014 at 7:52am — No Comments

FX Light - Getting More Aggressive Now

1st July 2014. The last 24 hours has seen a wave of selling against the buck with key pairs now looking quite stretched. GBPUSD is now weekly, daily and was briefly hourly overbought. EURUSD seems to be making that move up towards 1.37 that seemed on the cards a few days ago. USDJPY seems to be…

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Added by Gary on July 1, 2014 at 7:18am — 1 Comment

GBPUSD Weekly Forecast Jun 30 2014

Outlook in GBPUSD remains on the upside this week , as long as 1.6991 holds on a weekly closing basis , next resistance comes at the 1.7075 levels , a break would open 1.7175 next , further upside will aim the 1.7290 levels.

On the downside , support comes at the 1.6991 levels , sustained trading – weekly closing below this level will turn outlook neutral for retesting the 1.6917/1.6737 levels before the next possible rise …

In all , as long as support 1.6691 holds on a weekly…

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Added by Haitham653 on June 30, 2014 at 11:30am — No Comments

GBPUSD Daily Forecast Jun 25 2014

Outlook in GBPUSD has turned neutral , support  comes at the  1.6965 levels while resistance is at the 1.7031 levels .On the downside : losing the 1.6965 levels on a daily closing basis will bring deeper decline towards the 1.6783 levels before the next strong rise……

On the upside , resistance comes at the 1.7031 levels , break of 1.7031 on a daily basis should resume the upside offensive , If seen , the pair will target the 1.7085 levels , a breach will pave the way towards the…

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Added by Haitham653 on June 25, 2014 at 9:41am — No Comments

GBPUSD: Keltner Channels Guide Prices Higher

A 3rd up week in succession was posted in CABLE last week although the scope of the upside was significantly less than the preceding week.

That was due to profit taking attempts above the psychological level of 1.7000, at the highest levels traded since Oct 2008 and with signals for sentiment at overbought extremes.

But although the…

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Added by Alan Collins on June 23, 2014 at 7:51am — No Comments

GBPUSD Weekly Forecast Jun 23 2014

Outlook in GBPUSD remains on the upside this week , as long as 1.6991 holds on a weekly closing basis , next resistance comes at the 1.7075 levels , a break would open 1.7175 next , further upside will aim the 1.7290 levels.

On the downside , support comes at the 1.6991 levels , sustained trading – weekly closing below this level will turn outlook neutral for retesting the 1.6917/1.6737 levels before the next possible rise …

In all , as long as support 1.6691 holds on a weekly…

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Added by Haitham653 on June 23, 2014 at 7:46am — No Comments

GBPUSD Daily Forecast Jun 19 2014

The GBPUSD  continued its bullish momentum yesterday , printed support at the 1.6917 levels . This development leaves the pair targeting the 1.7085  levels where a breach will turn focus on the 1.7195  levels , further upside will aim the 1.7300 levels.

On the downside , support comes at the 1.6960  levels ahead of 1.6917 ( main) , stability above support levels will keep the bullish momentum intact , however ; sustained trading – daily closing – below 1.6917  will turn outlook…

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Added by Haitham653 on June 19, 2014 at 6:26am — No Comments

GBPUSD Weekly Forecast Jun 16 2016

The GBPUSD continued it bullish momentum last week ,topped at the 1.6991 levels and printed support at the 1.6737 levels .This development leaves the pair targeting the 1.7075 levels , a halt is likely , but a break would open 1.7175 next , further upside will aim the 1.7290 levels.

On the downside , support comes at the 1.6845 levels ahead of 1.6737 ( main) , stability above support levels will keep the bullish momentum intact , however ; losing the 1.6737 levels on a weekly closing…

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Added by Haitham653 on June 16, 2014 at 7:33am — No Comments

FX Light - BANK OF ENGLAND BOMBSHELL

“Your business with the tape is now – not tomorrow. The reason can wait. But you must act instantly or be left. Time and again I see this happen.” Jesse Livermore

June 13th 2014. Sometimes we notice trends and trade those trends however it only…

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Added by Gary on June 13, 2014 at 7:04am — No Comments

GBPUSD Daily Forecast Jun 13 2014

The GBPUSD  maintained a strong bullish momentum yesterday ,topped at the 1.6930 levels and  printed support at the 1.6783  levels .This development leaves the pair targeting the 1.6995  levels , a halt is likely , but a break would open 1.7075  next , further upside will aim the 1.7175 levels.

On the downside , support comes at the 1.6845 levels ahead of 1.6783 ( main) , stability above support levels will keep the bullish momentum intact , however ; losing the 1.6783  levels on a…

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Added by Haitham653 on June 13, 2014 at 5:30am — 2 Comments

GBPUSD Weekly Forecast Jun 09 2014

Outlook in GBPUSD remains neutral with risk to the downside this week , resistance comes at the 1.6831 levels , stability below this level will keep the pair under pressure with risk towards the 1.6563 levels, a break would open 1.6458 levels before the next possible rise, but ; further downside will aim the 1.6382 levels.

On the upside , resistance comes at the 1.6831 levels , sustained trading - weekly closing above this level – will turn outlook for the 1.6995 levels , a break…

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Added by Haitham653 on June 9, 2014 at 4:25am — No Comments

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