Analitics GBPUSD

[arigoldman]

Uneventful week for the Pound. Although the pair went down in teh beginning of the week, the GBP/USD pair is now back at previous level around 1.2550.

 

[Jordan Salvatore]

The nearest resistance that achieved yesterday can be tested again. According to my Gann levels, this is level of 2:1. The nearest support at 1.2386 (yesterday low, 17.02 and 15.02), also 1:2 for the yellow fan. I believe that in any case, the price will still be committed to 1.2570.
Or if the level 1.2386 will be broken, we should waiting for the further falling to 1.2257

 

[arigoldman]

I'm long the Sterling, let's see how the week goes. Good support levels.

 

[arigoldman]

the pair seems to consolidate ahead of triggering art. 50 this month. i'd wait to buy below 1.20.

 

[arigoldman]

The week turned out to be very positive for the Sterling. GBP/USD reached a high of 1.2378, but i think Art 50 triggering will put out the fire.

 

[arigoldman]

GBP/USD reached a high of 1.2530 this week and then started going downhill. The pair is now 1.2484 as we approach the closing candles for the week. Trend on the short-term looks bearish with first bear target at 1.2453.

 

[arigoldman]

GBP/USD held its ground after Article 50 was triggered. The pair looks strong enough to make a move to the upside next week.

 

[arigoldman]

The GBP/USD pair did not make any unexpected moves this week. The pair continued to trade in the range 1.25 and 1.2370. CMP 1.2397.

 

[arigoldman]

GBP/USD had a good week this week as price advanced to a high of 1.2575. Next week the pair might consolidate if there are no major news to stir the market.

 

[arigoldman]

Good week for the Sterling. Maybe consolidation can be expected in the coming week and a slight correction to the downside before bulls attempt to go higher.