The GBP/USD, good technical round number levels

[idimitrov]

The British pound was up against the US dollar on Friday. By the close of US trading, GBP / USD is trading at 1.3077, gaining 0.13%. I believe that support is now at around 1.3040, the low of today's trading, and resistance is likely at the level of 1.3321 - the maximum of Wednesday.

 

[csc2009]

Gbp/Usd is consolidating around mid level between 1.30 to 1.31, showing no directional strength. 1.300 is key level, break below would gain strength to the downside.

 

[victoriajensen]

GBP/USD bounced off from 1.3030 again and the pair formed a double bottom at that level. There will likely be a new move to the upside towards 1.3300.

 

[deresel]

The British pound recorded a neutral session against the US dollar on Tuesday. The currency pair opened at 1.3169 and the pound lost only 4 pips. Daytime extreme values were reached at 1.3177 and 1.3108 respectively. If the bullish trend of the last few sessions persists, there may be a break in the first resistance at 1.3260.

 

[deresel]

Key levels to watch for:
Support: 1.3100; 1.2975;
Resistance: 1.3260; 1.3440;

 

[idimitrov]

Key levels to watch for:
Support: 1.3100; 1.2975;
Resistance: 1.3260; 1.3440;

Interesting forecast!

 

[idimitrov]

Pound/dollar was hesitant yesterday. The price attempted to decline, making a bottom of 1.3108, but closing higher at 1.3165. The signals are ascending in the short term for the testing of 1.3270, but the key resistance remains 1.3330. The closest support is 1.3130. A clear break below it could take the price to a neutral trading area with testing at 1.3075/50, but an important support remains 1.3000. Overall, I'm up.

 

[victoriajensen]

GBP/USD is bullish and it will likely continue climbing next week. That said, for a further rally above the sideways consolidation to be confirmed it will have to break out above the last high at 1.3337.

 

[csc2009]

Gbp/Usd opens the week with bearish gap, support can be found at 1.3037, I'm expecting further decline if breaks below it.

 

[deresel]

The pound lost positions against the dollar on Monday. The British currency interrupted the positive impulse from Friday and collapsed. As a result, support at 1.3071 was broken. Short-term expectations remain in favor of the dollar. The session was opened at lower levels compared to the end of last week, with the trend predominantly bearish. After the bottom of the day was hit at 1.3061 the direction was changed and the final was set at a rate of 1.3114.