The GBP/USD, good technical round number levels

[AngieB]

GBP/USD again dipped below 1.3300 after short correction around 1.3380 today. Bears are eyeing 1.3230 area.

 

[izzy_63]

Gbp/Usd is trading slightly up before UK PMI figure, found immediate resistance at 1.3375. But the pair remains directionless long-term.

 

[deresel]

GBP/USD
Key levels to watch for:
Support: 1.3300;
Resistance: 1.3460; 1.3655; 1.3850;

 

[idimitrov]

The British pound recorded a volatile session against the US dollar on Thursday. The currency pair opened at 1.3410 and the price bounced from the first resistance at 1.3465. Eventually, the pound ended at 1.3421 and if the direction continued upward, we could expect a new first resistance test at 1.3465. On the downside, the pair will head to the first support at 1.3310.

 

[izzy_63]

Bulls remain strong ahead of UK manufacturing report, the pair would continue the bullish trend as long as the pair stays above 1.3420.

 

[AngieB]

GBP/USD broke the to below the key level 1.3450 and indicators on the four hour time frame are heading lower. Now the pair is unable to keep bullish stance. The current market price is 1.3372 and I think the pair will test soon the first support at 1.3360.

 

[idimitrov]

Initially pound / dollar had an ascending momentum yesterday, but then dropped and made the bottom at 1.3256. This fact keeps the bears' phase strong. Signals are descending in short terms for testing 1.3204 / 00. The closest resistance is at 1.3300, whose breakthrough can take the price to a neutral trading area. Any upward pressure can be seen as a good opportunity for short positions.

 

[izzy_63]

GBP/Usd seems settled just above 1.32 level, still in negative territory, but I would wait for a break out to confirm further downside extension. Support level can be found at 1.3200 and follow by 1.3100.

 

[AngieB]

In the early London session the GBP/USD pair hit a fresh 2018 low at 1.3145, few pips below the current market price. The bearish pressure remains high and a downward acceleration through this point will serve the 1.3000 zone as next bearish target.

 

[idimitrov]

Next week is not full of trend-changing events. So I say, let's trade GBP/USD in range.