The GBP/USD, good technical round number levels

[deresel]

The pound recorded a neutral session against the dollar on Tuesday. Although early bearish sentiment prevailed, the opening price was close to that of closing - 1.3983 and 1.3996. The difference between the highest and lowest values ??for the day was not 111 pips. Short-term expectations remain in favor of the British currency.

 

[deresel]

Key levels to watch for:

Support: 1.3737; 1.3522;
Resistance: 1.4034; 1.4164;

 

[AngieB]

GBP/USD bottomed today at 1.3979, but rebounded and currently is hovering around 1.4100. The upside is capped by the 20-day SMA and indicators has lost momentum. The pair will consolidate before trying to test the first resistance at 1.4150.

 

[deresel]

The British pound recorded a positive session against the US dollar on Wednesday. The currency pair opened at 1.4144 and ended 45 pips higher. The chart continued to grow above the moving averages, while the relative strength index remained neutral. For additional pound gains, a breakthrough on the next resistance is needed.

 

[deresel]

Key levels to watch for:
Support: 1.4015; 1.3850; 1.3655;
Resistance: 1.4315;

 

[izzy_63]

GBP/USD starts the week with a small gap down, but still trade along with a sideways trend between support 1.3975 and resistance at 1.4350.

 

[AngieB]

The short term outlook for the GBP/USD pair turned into bearish after Friday’s NFPs and bad UK PMIs today. Cable is down today with some 100 pips and now poised is to extend its decline. First support comes at 1.3979 (last week’s low) and in case of breaching it, doors will be opened for testing 1.3940.

 

[deresel]

The pound recorded a neutral session against the dollar on Tuesday. So the couple stayed at the lower levels they reached at the beginning of the week. Trading was open at 1.3957, and the finale was 11 pips down. Around midday, the bearish moods prevailed, and support at 1.3912 was punctured after the bottom was hit at 1.3836. Short-term expectations remain in favor of the US currency.

 

[deresel]

Key levels to watch for:
Support: 1.3912; 1.3828;
Resistance: 1.4283; 1.4345;

 

[AngieB]

Interesting day for GBP/USD. We have strong Sterling on BoE and the pair skyrocketed to reach daily high at 1.4013. Th afternoon will bring US macto data, so let’s see how the greenback will behave.