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MaxiMillion

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Cable GBPUSD, today large support zone is 1.2877 - 1.2900. Selling at 1.2955 today is max price when i see bears should defend. 
#31 - February 07, 2019, 08:06:12 AM

NurulFx

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Quote from: MaxiMillion on February 07, 2019, 08:06:12 AM
Cable GBPUSD, today large support zone is 1.2877 - 1.2900. Selling at 1.2955 today is max price when i see bears should defend.
it turns out the pair is weakening and the price will go to the price of 1.2850 it seems. now at 1.291x. GBP news seems to be weakening the GPB itself.
#32 - February 07, 2019, 09:38:51 AM

nawwa thalorenz

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Very good information, and very helpful for all traders who are looking for an area of support and resistance for the GBPUSD currency, see today GBPUSD from the beginning of the week has reached around 180 pips in volume, a bearish trend is mastering, I think this is due the strength of the USD currency is an emphasis on GBP. I am looking for a buy opportunity around the price of 1.28566, this is a demand area that I think is still fresh.


#33 - February 07, 2019, 11:44:51 AM

szeptiawan

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for the GB USD pair tonight I think there is still a possibility to move down to the blue MA area if the brackets will drop further.
#34 - February 07, 2019, 12:01:08 PM
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RayHandy

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On daily charts, prices are sustaining above 100DMA (1.3096) is become major support level. 14-D RSI is currently in neutral region and direction is difficult to predict on RSI bases. The Stochastic Oscillator is in neutral territory and giving positive crossover to confirm bullish stance. MACD is above zero line but histograms are increasing lead to downward movement.
#35 - February 07, 2019, 12:42:52 PM

Kirinkato

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Quote from: szeptiawan on February 07, 2019, 08:03:24 AM
If we look at GU conditions at this time in the H4 time frame it is still sideways. This of course has something to do with the GBP High Imapct news later that night, of course, all investors dealing with GBP will wait for the results of their decisions. The trend is still bearish. But there has been a sign of correction occurring and we can wait for how to close later so that we know the conditions that occur in the market so that we can make decisions in and out. have a great activity


if it is not supported by an understanding of fundamentals and a fundamental analysis of GBP interest rates should be for today should be avoided first trading on GBPUSD. GBPUSD trend in the technical analysis pattern using the MA 100 and 200 indicators still shows a bearish pattern but it is likely that panic selling will occur when the news release.
#36 - February 07, 2019, 01:03:54 PM

szeptiawan

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Quote from: Kirinkato on February 07, 2019, 01:03:54 PM

if it is not supported by an understanding of fundamentals and a fundamental analysis of GBP interest rates should be for today should be avoided first trading on GBPUSD. GBPUSD trend in the technical analysis pattern using the MA 100 and 200 indicators still shows a bearish pattern but it is likely that panic selling will occur when the news release.

good night, bro, indeed, when it's related to the news, the pair is really difficult to guess so maybe we should be more vigilant, bro.
#37 - February 07, 2019, 01:08:44 PM

MaxiMillion

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if cable fails to stay above 1.2924 today , it will go futher down. Alternatively wil be ranging 1.2924 - 1.2870. 
#38 - February 07, 2019, 01:26:18 PM

MaxiMillion

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Quote from: MaxiMillion on February 07, 2019, 01:26:18 PM
if cable fails to stay above 1.2924 today , it will go futher down. Alternatively wil be ranging 1.2924 - 1.2870.
aaaand i forgot to add that if it will hold above 1.2924 to will go up with potential target around 1.3027.
#39 - February 07, 2019, 01:58:30 PM

Bahrul

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morning my friend,from what i see GBPUSD on daily timeframe that it still showing a down signal but since it is rejected hard by SMA 100 i think today we will see some up movement and it is also supported by H4 chart that is showing an up signal so let's see what will happen to GBPUSD today. Anyway,good luck to your trading my friend and i hope you can make a good profit today.
#40 - February 08, 2019, 02:30:19 AM

Nendi71

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GBPUSD

On the upside potential is seen for a break above the resistance at 1.2968 (R1). In such case we would suggest next target at 1.3008 (R2) and any further rise would then be limited to final resistance at 1.3049 (R3). Downwards scenario: Supportive barrier at 1.2908 (S1) prevents further downtrend expansion in near-term perspective. Clearance here would enable lower target at 1.2870 (S2) and any further price downgrade would then face final support at 1.2831 (S3).
Resistance Levels: 1.2968, 1.3008, 1.3049
Support Levels: 1.2908, 1.2870, 1.2831
#41 - February 08, 2019, 02:50:33 AM

rendipepe

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he GBP/USD rose from the post-Brexit slump to below 1.2000 level to the cyclical peak of 1.4377 in April of 2018. The GBP/USD subsequently fell gradually towards 1.2660 representing a post-Brexit Fibonacci retracement of 23.6% and fell to a fresh 20-month low of 1.2477 representing also the 2018 low. While GBP/USD is trapped in a downward sloping trend underlined by ongoing Brexit uncertainty, the target of 1.2150 and 1.2000 level persists. Once the Brexit deal is sorted, the GBP/USD is expected to rebound strongly above 1.3000 level. After the break above 1.3000 level is confirmed, targets of 1.3250-1.3500-1.400 come into the play as 1.3250 represent a 20-month moving average and 1.3500 and 1.4000 are both strong psychological levels.
 
Brexit milestones
  • January 2019 - the UK government submits the Brexit agreement to the UK parliament first for debate and then a meaningful vote will take place before January 21.
     
  • Januar-February 2019 - Brexit agreement is passed into laws in the UK while the EU member states are ratifying the Brexit deal at the ministerial meeting. The European Parliament formally ratifies the Brexit deal in a plenary vote.
     
  • March 29, 2019 - Brexit day, the day of the UK formally ends its membership in the European Union and the transition period begins.
     
  • The transition period - this is the time between the UK officially leaving the European Union and the time it finalizes details of our new relationship with the European Union. During the transition period or implementation phase, both the UK and EU will need to finalize details of a new trade deal and businesses will have to adjust to all the changes they will have to make. The period begins when Article 50 ends on March 29, 2019, but for 21 months until December 31, 2020 - 21 months after Brexit day - relationship remains the same.
     
  • December 31, 2020 - according to the Withdrawal Treaty, this is considered the end of the transition period, although that could be changed. The EU chief negotiator Michel Barnier indicated the end of the transition period could be prolonged until December 31, 2022.
     
  • Entering backstop -  the Withdrawal Treaty states that if there is no deal at the end of the transition to avoid a hard border with Northern Ireland, then the so-called “backstop” will be automatically enacted. The backstop will keep the entire UK in a “temporary” customs union with the EU, although Northern Ireland will be more deeply integrated into the EU.

#42 - February 08, 2019, 06:44:53 AM

Setiafx

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GBP USD pair analysis

today the price of the gu pair is below the MA and the small MA has cut the big MA of the sell price prediction to support below it
#43 - February 08, 2019, 07:15:55 AM
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Uceng

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Upwards scenario: To prolong upwards progress price is required to clear resistive measure at 1.2976 (R1). In such scenario we would suggest next intraday targets 1.3024 (R2) and 1.3073 (R3) in potential. Downwards scenario: Risk of price depreciation is seen below the initial support level at 1.2907 (S1). Clearance here would suggest next intraday targets at 1.2853 (S2) and 1.2800 (S3).
Resistance Levels: 1.2976, 1.3024, 1.3073
Support Levels: 1.2907, 1.2853, 1.2800

#44 - February 08, 2019, 09:17:41 AM

Uceng

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If I look at the H1 time frame GU has the potential to continue its bearish trend, maybe it can reach its lowest point this week or at the price range of 1.28300.
#45 - February 08, 2019, 09:28:13 AM
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