Gbp/Usd

[ramjan ali]

GBP / USD is falling down. May be it will continue, And follow support and resistance. Just Keep going. I am in great sell position with a good profit. But Be careful at this time. Because market can ........... Best of luck

[alirana]

By checking the recent movement of the trends in dollar I think that dollar is gonna go up against GBP and you should consider selling GBP for longterm trading , all you have to find correct entry point for this trade

[truman]

Low prices for hydrocarbons affect GDP of the UK, cause energy sector makes about 10% of GDP. Expanded differential of bonds of both countries is still not sufficient to Sell. If the pair rises to the level of 1.4949/1.4980, we may sell targeting 1.4870.

[CentreForex]

Our Preference: Sell Below 1.4930 for the target 1.5850 levels.
Alternative Scenario: Nill.

Technical Commentary :- In Daily Chart :- GbpUsd was closed on lower side as bearish candle and closed below the previous support low so its confirming for the selling side so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.




In 4 Hour Chart and In 1 Hour Chart :- GbpUsd was trading in the sideways movement between key resistance level and key support level and it was trading in the triangle pattern now it was trading near upper trend line and trading near resistance level so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image.

[Djens]

Sorry, I did not, did not have time last week for a full analysis of the currency pair and the opening of the transaction on the sale. This week, I plan to open a deal

[Gamabunta]

Being pair of sterling against the dollar test of pivotal support 1.4885, and as we pointed out in our morning report, we need to penetrate a pivotal levels that are mentioned support and 1.5085 resistance to determine the point of the following price more accurately, which makes us continue to neutral so far.

[Djens]

Unfortunately, I have bad results of trading with this currency pair. I opened long deal and the price went down. So, now I plan how to trade next week.

[danish555]

it is the currency pair in which the traders are trading there are some currencies which have good movement for the trading this currency is one of them it has also great movement in a day mostly traders are trading in this currency pair

[Ex.ness Support]

GBPUSD: consolidation higher than the level of 1.4865
https://twitter.com/Exness_Support/s...62390910636032

GBPUSD
Dec. 21, 2015, 10:33
Sell on a level breakthrough of 1.4865 with 1.4800 target. Stop loss = 1.4915.

Reason for the trading strategy

Today at 11:00 GMT, the CBI retail sales balance for the UK will be published. The rate growth expected in December may be insignificant against the background of a slowdown in the average wage annual growth in the UK at the beginning of Q4 2015. The risks of the euro declining to the level of $1.48 remain high.



GBPUSD, H4

[CentreForex]

Our Preference: Sell Below 1.4950 for the target 1.5850 levels.
Alternative Scenario: Nill.

Technical Commentary :- In Weekly Chart :- GbpUsd was closed on lower side as bearish candle and its was closed below the key support level of horizontal line and so its conforming for the selling trend and we can except on selling side upto next key support level :- which we have shown in attached image.



In Daily Chart :- GbpUsd was closed on lower side as bearish candle and now GbpUsd was trading near key support level If the key support level breaks means we can except key sell off :- which we have shown in attached image.



In 4 Hour Chart :- GbpUsd was trading in the sideways movement between key resistance level and key support level so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.



In 1 Hour Chart :- GbpUsd was trading in the equidistant channel lines and now it was trading near upper channel line and its was trading below the resistance level of horizontal line and its was trading in the sideways movement so we can sell near the intraday resistance level and except upto next key support level :- which we have shown in attached image.