The GBP/USD, good technical round number levels

[fxstrategist]

Very good drop on the GBPUSD, the bearish momentum may accelerate even more and a visit to the 1.2100 level is possible.

 

[victoriajensen]

The pair bounced off from 1.2140 after forming a double bottom at that level and it will likely continue moving to the upside for now, especially if it breaks out above 1.2200.

 

[idimitrov]

The British pound was up against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.2170, gaining 0.04%. I believe that support is now at 1.2134, Thursday's low, and resistance is likely at 1.2302, Monday's high.

 

[csc2009]

Pound enter consolidation mood while still within negative territory ahead of Article 50 to be triggered, downside seems capped around 1.2130 level, and upside 1.22 is key resistance level.

 

[csc2009]

Pound hit bottom around 1.210 level, lowest since 17th January. So far downside has been capped at 1.210 level, but risk remains on the downside as long as the pair stay below 1.23 level.

 

[LsretFX]

I think that this pair are not relevant at the moment and it is probably going to 1.220-1.270

 

[deresel]

The pound gained ground against the dollar on Wednesday. So the British currency fully recovered losses from the previous session and walked out of the narrow range in which was trading lately. Meanwhile, resistance at 1.2303 was breached and if the positive sentiment continued level at 1.2360 is also threatened. Trade was opened at a price of 1.2154 and closing rate was 1.2288. The trend was bullish of all time, peak was reached at 1.2308.

 

[deresel]

Key levels to watch for:
Support: 1.2108; 1.2037;
Resistance: 1.2303; 1.2360.

 

[victoriajensen]

The fundamentals yesterday prompted a significant move to the upside and the pair reached a new high at 1.2370. GBP/USD is still quite bullish and it will likely continue climbing.

 

[idimitrov]

The British pound was up against the US dollar on Friday. By the close of US trading, GBP / USD is trading at 1.2396, gaining 0.31%. I believe that support is now at around 1,2106, Tuesday's low, and resistance is likely at 1.2405, the high of Friday's trading.