The GBP/USD, good technical round number levels

[victoriajensen]

GBP/USD finally found some resistance at 1.2673 and bounced off that level. For now it's retracing and its closest target is likely at 1.2530, which is the (MA)89 indicator on the one-hour time-frame.

 

[csc2009]

Gbp/Usd is consolidating while remains in the bullish territory short term, as long as the pair stay above 1.2510, upward potential might extend.

 

[idimitrov]

The dollar fell because of an immigration policy of Trump. The pound sterling has appreciated by 0.2 percent to $1.2516, but still remains near the weekly low of $1.2466 against the background of market nervousness in anticipation of the Bank of England meeting on Thursday.

 

[hyper.trader]

Hi all,

in my view, GBPUSD is seeing correction after its recent strength; however the broader trend remains bullish. As long as the currency pair trades above 1.245, I am positive on it, with immediate resistance level to watch is 1.267 and next resistance at 1.28

 

[deresel]

The pound recorded a slight decrease against the dollar during the first day of the week. British currency justified the negative expectations and the couple came to the support at 1.2408. If the downward momentum continues in the future, the key level will be breached. Session on Monday launched at a price of 1.2587 as bearish sentiment prevailed from the start. Once the bottom was reached during the day at 1.2465, the pound regained some of the lost positions. The finale was put on a course of 1.2485.

 

[deresel]

Key levels to watch for:
Support: 1.2408; 1.2252;
Resistance: 1.2672; 1.2775.

 

[idimitrov]

Pound/dollar had a bearish momentum yesterday, bottomed at 1.2465. The bias is bearish for now to test 1.2500 - 1.2465. Overall, however, the price is still in bullish phase after the bounce from 1.2000 psychological level and any downside pullback should be seen as a good opportunity for long positions with targets near 1.2790.

 

[fxstrategist]

The GBPUSD has broken above the 1.2600 level, but is trying to make a double top around the 1.2671 level. A visit to the 1.2800 is still possible during this week.

 

[victoriajensen]

GBP/USD could not break below 1.2475 despite the US NFP today. It has formed a spinning top candlestick on the four-hour time-frame above that support and it will likely bounce off of it.

 

[fxstrategist]

Good support on the GBPUSD at the 55 day EMA around the 1.2437 level, possible bullish bounce from that zone.