GBP/USD - Page 167
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Thread: GBP/USD

  1. #1
    Super Moderator Hamster's Avatar
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    GBP/USD

    Thread for GBP/USD discussion - latest news, technical analysis, forecasts and opinions.

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  2. #1661
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    The British pound today is slightly deeper into the 1.27th figure as it is usually rendered by all sellers without any warning, however that may be, but the price is already clearly traded above 1.2800 that's why it may very well be that the price will be pulled up to 1,2900-1,2930 because such a sharp rebound up simply does not happen, respectively, although in the priority of medium-term sales, but within a day it is possible to buy at least until the previous high of 1.2890 from the current 1.2850 respectively short-term acceptable purchase .


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    The pair of GBP/USD in 4H chart, the pair is trading with a rise from the resistance level of 1.2845, the increase is possible if the sloping support line is held and will not be broken, the increase is possible provided the sloping support line is held and will not be pierced, otherwise the pair raise will be canceled.


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  4. #1663
    Rookie erespe's Avatar
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    GBPUSD is struggling to maintain its position above the weekly pivot level at 1.2875. This position could be a trigger for further movement towards the weekly resistance level at 1.2974. However, if any movement succeeds in breaking the pivot level, then GBPUSD could potentially weaken to the weekly support level at 1.2707.

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  5. #1664
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    The price of the pair in the morning flew near resistance 1.2909, but so far could not gain a foothold higher. In case of breakdown, further rise to resistances 1.2939 - 1.2970 is possible, followed by a corrective decrease. An alternative option is a drop from the current position - to supports 1.2878 - 1.2848 and 1.2817, with attempts to upgrade.


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  6. #1665
    Rookie erespe's Avatar
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    Candle managed to rise above the weekly resistance level 1.2951 which is now a support. If the price can be maintained to stay above this level, then GBPUSD could have a chance to continue this week. But if the candle returns to fall below the 1.2951 level, then the bearish potential could open. But our focus today is the general election to the UK parliament, the result will determine the direction of the next pound sterling movement.

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  7. #1666
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    [lang=id]GBPUSD11292016.JPG

    Because historically movement GBPUSD is going to bearish then the trend is happening for the pair is but tend to bullish (correction only). it can be proven from GBPUSD movements are limited for this today trading range where resistance level 1.2970 and support level of 1.2636. However, stohastic indicators is bullish while MACD and BB are bearish for future movement.[/lang]

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  8. #1667
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    [lang=id]GBPUSD11292016.JPG

    Prediction for GBPUSD today is in a reversal of the bearish trend. The entirety of indicators used show same signal like indicator BB is bearish , MACD is bearish, and indicators stohastic is shows bearish. so, with a trading range today is the resistance level at 1.2771 and support level at 1.2636 will be bearish entirely.[/lang]

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  9. #1668
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    [lang=id]GBPUSD11292016.JPG

    Prediction for GBPUSD today is in a reversal to bullish trend. The entirety of indicators used show same signal like indicator BB is bullish, MACD is bullish ,and indicators stohastic are shows bullish too. so, with a trading range today is the resistance level at 1.2769 and support level at 1.2639 will be bullish entirely.[/lang]

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  10. #1669
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    [lang=id]GBPUSD11292016.JPG

    GBPUSD moves continuation and tend to bullish at trading day. now seen that prices move in a trading range today around resistance level at 1.2817 and support level at 1.2639. all of three indicators signal that used shows same signal like BB indicator is bullish, MACD is bullish, and stohastic indicators is bullish too. so, strong signal from all indicator is bullish.[/lang]

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  11. #1670
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    [lang=id]GBPUSD11292016.JPG

    As shown in the chart at this moment, GBPUSD is still in this week trading range. It also appears from all indicators used looks limited mobility that can be seen from BB indicator and MACD are likely bearish but stohastic show other. because, GBPUSD movement remains bearish, this week trading range is the resistance level at 1.2817 and support level 1.2635.[/lang]

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