The GBP/USD, good technical round number levels

[deresel]

The pound is turning its direction. Healing slowly. Forming upside channel and the next stop would be 1.3200.

 

[deresel]

GBP/USD: The pair fell sharply as the dollar rose against all majors. The next level to look for is 1.3050.

 

[deresel]

GBP/USD: Next stop - 1.2910. After that it's time for an upwards correction.

 

[idimitrov]

This week GBP/USD may test 1.2950

 

[deresel]

GBP/USD continued the move down yesterday, making a bottom at 1.3011. The outlook remains bearish in the short term, but I recall the need for a clear break below the psychological level of 1.3000 for the restoration of the descending rally for the 1.2935 test. Immediate resistance is seen at 1.3090. A clear breakthrough over it may take the price to a neutral zone, but while it remains below 1.3175, I still prefer the bearish scenario at this stage. And any upward pressure should be considered as a good opportunity for short positions.

 

[izzy_63]

GBP/Usd is consolidating just under 1.30 level, lack of directional strength. The pair's direction depending a lot on Brexit developments and very little on technicals.

 

[idimitrov]

This week GBP/USD may test 1.2950

1.2950 achieved. It became a good support level. Let's now see id the pair manages to pierce the strong resistance 1.3000.

 

[izzy_63]

GBP/Usd certainly took advantage of the news that EU will offer the UK a 'super-charged' trade deal, the pair rallied to above 1.31 level but lost its momentum after. Pound continues to be driven by Brexit hopes, on the upside important resistance level lies at 1.3300.

 

[deresel]

GBP/USD: The pair is forming an interesting figure, for the start of the week.

 

[deresel]

GBP/USD: The Brexit talks and the renewed interest to the greenback pushed the pair below 1.3100.