The GBP/USD, good technical round number levels

[izzy_63]

GBP/Usd pulled up from yesterday's loss but remain bearish. As long as Brexit uncertainty continues, the Pound will remain under pressure. Eyes on European summit scheduled for Sunday next week.

 

[bigdolly]

Entered long from 1.27 last week on my forex broker's platform, more than $400 profit, great result but greed tells me to get more keeping position open. What do your think guys about it? Should I close this position?

 

[izzy_63]

GBP/Usd seems going to recover the small gap, the pair is in the negative territory but showing no clear directional strength at the moment, 1.28 level acts as important support.

 

[deresel]

GBP/USD: The pair found support at 1.2770. If it manages to break 1.2800, the next resistance is at 1.2870, followed by 1.2910.

 

[izzy_63]

The pair holds on its gains and consolidation movement continues, but upside seems limited. Resistance can be seen at 1.2890/1.2900 and follow by 1.2930.

 

[deresel]

GBP/USD: The pair found support at 1.2770. If it manages to break 1.2800, the next resistance is at 1.2870, followed by 1.2910.

That was interesting... Let's see the development today.

 

[izzy_63]

The pair is trading lower ahead of EU summit, however the downside seems limited to 1.2800 level. All eyes on Brexit headlines, there are important issues still remain unsolved.

 

[deresel]

GBP/USD: 'Think that the pair is forming an upwards mild Fibo channel. After hitting 1.3010, next level would be 1.3040. Anyways, in these levels, on Monday I would go up.

 

[deresel]

GBP/USD: 'Think that the pair is forming an upwards mild Fibo channel. After hitting 1.3010, next level would be 1.3040. Anyways, in these levels, on Monday I would go up.

 

[idimitrov]

The British pound fell against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2818, losing 0.46%. I believe that support is now at around 1.2764, the low of Wednesday, and resistance will probably be at the level of 1.2924 - a maximum of Thursday.