The GBP/USD, good technical round number levels

[deresel]

The pound recorded a slight increase against the dollar on Tuesday. The pair failed to break the narrow range of the past few days, but short-term expectations remain in favor of the British currency. In this case, the resistance at 1.3420 is still in risk. Tuesday's session was opened at a 1.3364 rate and the closing price was 10 pips higher. The trend was neutral at first, with the bullish sentiment prevailing in the afternoon, marking a peak for the day at 1.3388.

 

[deresel]

Key levels to watch for:

Support: 1.3299; 1.3260;
Resistance: 1.3420; 1.3464;

 

[AngieB]

GBP/USD regained 1.34 level today on broad US dollas’s weakness and also broke above the daily descendant channel that started from late November. Expexting a test of next resistance level at 1.3465.

 

[AngieB]

GBP/USD is closing the year with bulls in full control. The pair successfully conquered 1.3520 and I expect next attack to be around 1.3550.

 

[izzy_63]

Gbp/Usd started the week with a small bearish gap, but soon recovered. Risk remains towards upside, 1.3550 act as strong resistance.

 

[AngieB]

GBP/USD recovered up to 1.3548 today. I think the pair will retest the weekly high at 1.3612.

 

[deresel]

The British pound recorded a modest rise against the US dollar on Thursday. The session started at 1.3514 and the pound added 35 pips. The price managed to break the first resistance at 1.3540 and if the direction of movement went up the pair would head for resistance at 1.3655. On the downside, the goal will be the support at 1.3540.

 

[deresel]

Key levels to watch for:

Support: 1.3540; 1.3440; 1.3260;
Resistance: 1.3655;

 

[AngieB]

The renewed selling pressure might send the GBP/USD lower. Also on the H4 chart indicators are losing directional strength

 

[izzy_63]

The bearish strength seems limited, even though the pair could not stay above 1.36 level, but there is still room on the upside. The immediate resistance can be found at 1.3615.