The GBP/USD, good technical round number levels

[idimitrov]

So it bounced up from the above mentioned area. The next best is 1.3170.

 

[izzy_63]

Focus turns to UK inflation data on Wednesday, the bullish trend won't give up as long as the pair stay above 1.3055 level.

 

[idimitrov]

My expectations for GBP/USD are up for testing 1.3215/50.

 

[izzy_63]

Brexit developments continue to be the main driver of the pair, regardless of the inflation data GBP/Usd seems to start gaining downward traction. Immediate support can be found at 1.3090/95 zone.

 

[deresel]

GBP/USD: 1.3220 is a good historical resistance from mid-July. If the pair manages to break it, the next level is 1.3300. On the flip side, 1.3050 is the next support level (end of August), followed by 1.2920.

 

[idimitrov]

Sharp rise, followed by even sharper drop in GBP/USD. The price bounced down from 1.3300 and if the pair manages to break the strong support 1.3070, the next level is 1.3000, then 1.2910.

 

[deresel]

GBP/USD: Judging by the close of week's trade, I prefer the bearish scenario.

 

[bigdolly]

GBP/USD: Judging by the close of week's trade, I prefer the bearish scenario.

Yeah , the pair declined because of the disappointing data on budget deficit, it shows that British government had to increase spending, probably to offset Brexit effects on the economy. Definitely not a good sign for Pound!

 

[deresel]

GBP/USD: The pair is extremely calm since the beginning of the week. I am waiting for a clear direction for opening a position.

 

[deresel]

GBP/USD: Ahead of FOMC, the pair holds steadily above 1,3150. Let's see how the FOMC minutes will affect the pair, but so far it shows signs of stability.