The GBP/USD, good technical round number levels

[idimitrov]

A day before the announcement of the lifting of the US base rate by the Fed, the dollar marked a slight increase against most currencies. Sterling traded at higher levels in the last session, but GBP/USD closed with a slight decrease of 1.2656.

 

[deresel]

The pound marked a volatile session against the dollar on Tuesday. Ultimately opening price was close to closing, respectively, 1.2671 and 1.2657. In the early trading hours bulls dominated, in result the resistance at 1.2704 was breached as the pair peaked for the day at 1.2727. Subsequently pound lost accumulated lead.

 

[deresel]

Key levels to watch for:
Support: 1.2505; 1.2428;
Resistance: 1.2704; 1.2773.

 

[idimitrov]

The US Federal Reserve raised its key rate to a range of 0,50-0,75 per cent per annum, and said that it is waiting for three increases in 2017.
By 20.24 GMT GBP/USD fell by 100 pips to 1,2588.

 

[deresel]

The pound tumbled against the dollar at the end of the week. The British currency responded to negative expectations and recorded serious loss. As a result, two key levels at 1.2505 and 1.2428 were overcomed, and meanwhile the pair made the third test of the support at 1.2366. If the downward momentum continues in the future, it will be breached. After correction upward, the pair closed the week at 1.2487.

 

[deresel]

Key levels to watch for:
Support: 1.2428; 1.2366;
Resistance: 1.0540; 1.0639.

 

[csc2009]

The pair seems lack of directional strength, but still in the negative territory as long as the price kept below 1.2570 zone.

 

[victoriajensen]

GBP/USD continued falling today. It broke below the support at 1.2350 and its next target will likely be at 1.2300.

 

[idimitrov]

The British pound recorded a moderate decline during yesterday's session after trading in a relatively narrow range. GBP/USD slid 13 pips to 1.2352, reaching extreme values respectively at 1.2390 and 1.2324. The price continues to consolidate around the support at 1.2350, but remained under downward moving averages and RSI on negative territory, implying additional losses.

 

[idimitrov]

The British pound fell against the dollar on Friday. By the end of the American session GBP/USD is trading at 1.2277, shedding 0.06%. I believe that the support is now located at the level of 1.2229, the low of today's trading, and resistance is likely at the level of 1.2504 - Monday's high.