The GBP/USD, good technical round number levels

[idimitrov]

I expect 1.29 to be tested.

 

[izzy_63]

Once again fears of ''no deal'' Brexit increased risks on the downside. The pair is currently consolidating in negative territory, immediate support can be found around 1.2850 and follow by 1.2800. Downside extension might be expected.

 

[izzy_63]

Such high volatility around the GBP/Usd, Brexit uncertainty continues to be the main focus. The pair seems has lost its upward strength while still staying the positive territory. Support level can be found around 1.2870, on the upside resistance lies around 1.2980.

 

[izzy_63]

GBP/Usd is consolidating its recent gains, showing no directional strength for the short-term, I'm staying sideline for now.

 

[deresel]

The cable made an attempt to test 1.30 yesterday, but better than expected NFP limited its growth.

 

[idimitrov]

The British pound was down against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2916, losing 0.10%. I believe that support is now at around 1.2785, the minimum of Wednesday, and the resistance is likely at 1.3028, the high of Friday's trading.

 

[izzy_63]

Softer Brexit is becoming more real, hopes for ''deal'' sent GBP/Usd straight above 1.30 level. Upward momentum seems limited to 1.3050 level, the pair is expected to continue its consolidation on the upside.

 

[idimitrov]

GBP/USD: I'm opening a short position with target: 1.2950, SL: 1.3020.

 

[idimitrov]

GBP/USD: I'm opening a short position with target: 1.2950, SL: 1.3020.

Unfortunately, my SL has triggered. Waiting for better levels to open a short position.

 

[idimitrov]

GBP/USD: The current level - between 1.3070 and 1.3080 is a good support/resistance level. Let's see how the week will begin.