Thread: GBP/USD Analysis

The GBP/USD was acting mostly in the lower area during the end of the previous week. And it seems to have enough potential to break the support. I'm going short here next week.

The GBP/USD has just made a pivot, so it seems to be a perfect moment to start going short. I guess the trend won't change at least till the end of the week.

The GBP/USD is acting mostly in the lower area and I guess the chart will go up at the beginning of the next week.

The GBP/USD is acting very close to the floor, but it seems to be too weak to break it. I guess we'd better open a buy here, since it will go up eventually.

The GBP/USD moves up and we'd better open ashort-term sell as fas as it possible, since the chart seems to be too weak to break the ceiling.

The British pound had a much more stable session on Friday, as we continue to grind slightly lower, and I believe at this point in time we are trying to form some type of base.

I think the 1.20 level will be very supportive, and with science it’s only a matter of time before we bounce in this general vicinity. I think if you are going to sell the British pound, and quite frankly I wouldn’t be bothered buying it, you have to keep in mind that you will probably have to take profits quite often and most certainly earlier than usual.

The GBP/USD started going up and it's good opportunity for bulls to make some pips. I'll definitely join them.

The GBP/USD is going down step by step after that sharp down and back way. I feel like opening a long-term sell with a wide SL.

The GBP/USD is going slowly down and we'd better take our time and open a long-term sell here.