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GBP Trading Outlook Archive

The Sterling (GBP) Trading Outlook (12-02-2016)

February 12, 2016

GBP/USD Intraday: the downside prevails. Pivot: 1.4515 Our preference: short positions below 1.4515 with targets @ 1.4375 & 1.4320 in extension. Alternative scenario: above 1.4515 look for further upside with 1.4570 & 1.4615 as targets. Comment: the RSI lacks upward momentum. Supports and resistances: 1.4615… Read more

The Sterling (GBP) Trading Outlook (11-02-2016)

February 11, 2016

GBP/USD Intraday: the upside prevails. Pivot: 1.4435 Our preference: long positions above 1.4435 with targets @ 1.4570 & 1.4615 in extension. Alternative scenario: below 1.4435 look for further downside with 1.4375 & 1.4325 as targets. Comment: the RSI is bullish and calls for further upside…. Read more

The Sterling (GBP) Trading Outlook (10-02-2016)

February 10, 2016

GBP/USD Intraday: the bias remains bullish. Pivot: 1.4435 Our preference: long positions above 1.4435 with targets @ 1.4515 & 1.4550 in extension. Alternative scenario: below 1.4435 look for further downside with 1.4375 & 1.4325 as targets. Comment: the RSI lacks downward momentum. Supports and resistances:… Read more

The Sterling (GBP) Trading Outlook (09-02-2016)

February 9, 2016

GBP/USD Intraday: under pressure. Pivot: 1.4485 Our preference: short positions below 1.4485 with targets @ 1.4350 & 1.4280 in extension. Alternative scenario: above 1.4485 look for further upside with 1.4550 & 1.4610 as targets. Comment: as long as 1.4485 is resistance, likely decline to 1.4350…. Read more

The Sterling (GBP) Trading Outlook (05-02-2016)

February 5, 2016

GBP/USD Intraday: intraday support around 1.451. Pivot: 1.451 Our preference: long positions above 1.451 with targets @ 1.466 & 1.4715 in extension. Alternative scenario: below 1.451 look for further downside with 1.448 & 1.444 as targets. Comment: the RSI is mixed and calls for caution…. Read more

The Sterling (GBP) Trading Outlook (04-02-2016)

February 4, 2016

 GBP/USD Intraday: caution. Pivot: 1.452 Our preference: long positions above 1.452 with targets @ 1.464 & 1.4685 in extension. Alternative scenario: below 1.452 look for further downside with 1.444 & 1.438 as targets. Comment: the RSI is mixed and calls for caution. Supports and resistances:… Read more

The Sterling (GBP) Trading Outlook (03-02-2016)

February 3, 2016

GBP/USD Intraday: key resistance at 1.448. Pivot: 1.448 Our preference: short positions below 1.448 with targets @ 1.4325 & 1.4245 in extension. Alternative scenario: above 1.448 look for further upside with 1.4535 & 1.459 as targets. Comment: the RSI is mixed and calls for caution…. Read more

The Sterling (GBP) Trading Outlook (02-02-2016)

February 2, 2016

GBP/USD Intraday: the upside prevails. Pivot: 1.432 Our preference: long positions above 1.432 with targets @ 1.4475 & 1.4535 in extension. Alternative scenario: below 1.432 look for further downside with 1.4245 & 1.4185 as targets. Comment: the RSI is bullish and calls for further upside…. Read more

The Sterling (GBP) Trading Outlook (01-02-2016)

February 1, 2016

GBP/USD ST: the downside prevails Pivot: 1.495 Our preference: short positions below 1.495 with targets @ 1.395 & 1.363 in extension. Alternative scenario: above 1.495 look for further upside with 1.524 & 1.566 as targets. Comment: the RSI is capped by a declining trend line…. Read more

The Sterling (GBP) Trading Outlook (29-01-2016)

January 29, 2016

GBP/USD Intraday: the upside prevails. Pivot: 1.4275 Our preference: long positions above 1.4275 with targets @ 1.44 & 1.4425 in extension. Alternative scenario: below 1.4275 look for further downside with 1.4235 & 1.4175 as targets. Comment: the RSI is well directed. Supports and resistances: 1.447… Read more

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