Analitics GBPUSD

[arigoldman]

The pair seems to be difficult to get a ride on.

 

[arigoldman]

I think GBPUSD is going to depreciate in light of the recent USD rally. Altho I'd like to see the opposite.

 

[arigoldman]

I'm waiting to sell around 1.3180, it's kinda in a consolidation right now, if it breaks 1.2980 we could see another leg up.

 

[arigoldman]

I'm bearish on the pair until 1.2590. Good opportunity to go long.

 

[arigoldman]

I think they would agree on soft Brexit, both parties need each other.

 

[arigoldman]

The Sterling is approaching a strong resistance level at 1.3120. I think that's a good chance to go short.

 

[arigoldman]

GBPUSD broke out of the resistance level. If bears are able to bring it down below 1.31 we will again enter into the downward trend channel.

 

[arigoldman]

Sharp move to the upside but I think it's not sufficient to sustain the upside momentum.

 

[arigoldman]

GBPUSD broke the resistance, next level is 1.3360, will be looking to open short there.

 

[arigoldman]

GBPUSD moved lower, hopefully this week there will be an uptick to first res at 1.3365.