- csc2009 replied Nov 30, 2018
Brexit uncertainties have weighed in on GBP/Usd, the pair has extended its consolidation movement to the lower ground, mid 1.2700's. While the pair remains bearish, the downside seems capped to 1.2700 level.
- csc2009 replied Nov 29, 2018
Lack of new Brexit headlines keeps the Pound trading within the range under 1.2800 level, the pair continues under pressure and downside potential increase when the pair break below support level around 1.2720 handles.
- csc2009 replied Nov 28, 2018
While Brexit news takes some time off and waiting for the critical date on 10th December, GBP/Usd has recovered some ground and consolidating higher ground which just below 1.2800 handles.
- csc2009 replied Nov 27, 2018
Pounds remain to continue under pressure before the UK parliament passes the Brexit deal, Iím expecting further downside towards 1.2700 level.
- csc2009 replied Nov 26, 2018
GBP/Usd seems picked up a bit, but still not showing any strong reaction from the Brexit deal. The pair is expected to continue trading within the range for now, immediate resistance is at 1.2850 and on the downside support can be seen at 1.2795.
- csc2009 replied Nov 25, 2018
The pair is holding around 1.2800 level despite the EU leaders agree UK's Brexit deal at the summit which take Brexit one step ahead.
- csc2009 replied Nov 23, 2018
The pair is trading lower ahead of EU summit, however the downside seems limited to 1.2800 level. All eyes on Brexit headlines, there are important issues still remain unsolved.
- csc2009 replied Nov 22, 2018
The pair holds on its gains and consolidation movement continues, but upside seems limited. Resistance can be seen at 1.2890/1.2900 and follow by 1.2930.
- csc2009 replied Nov 20, 2018
Eur/Usd is consolidating after the pair failed to continue to the upside and slipe below 1.138 level, consolidation continues if the pair stays above the immediate support at 1.1360 level.
- csc2009 replied Nov 19, 2018
With Dollar's weakness the pair remains strong bullish slopes. I don't think the upside movements are over yet, resistance can be found at 1.1460 and follow by 1.1500.
- csc2009 replied Nov 18, 2018
GBP/Usd seems going to recover the small gap, the pair is in the negative territory but showing no clear directional strength at the moment, 1.28 level acts as important support.
- csc2009 replied Nov 16, 2018
GBP/Usd pulled up from yesterday's loss but remain bearish. As long as Brexit uncertainty continues, the Pound will remain under pressure. Eyes on European summit scheduled for Sunday next week.
- csc2009 replied Nov 14, 2018
GBP/Usd had rollercoaster day while Brexit news kept coming. Currently, the pair is trading just under 1.30 level and lack of strong directional strength, I guess only Brexit headlines will tell us more clearly about where this pair going.
- csc2009 replied Nov 13, 2018
Once again, Brexit related headlines about the EU and the UK agreed on a Brexit deal have been driven the pair and hit this week high. But I think it is still a long way ahead of us, the deal is yet to be approved by the UK's parliament, let's see.
- csc2009 replied Nov 12, 2018
GBP/Usd started the week with a bearish gap and downward movements continue on Brexit disappointment. In the H4 chart, the pair is consolidating around 1.2840 before the further decline as long as the Irish border problem stays unsolved.
- csc2009 replied Nov 9, 2018
Pounds under pressure after Jo Johnson resigns over Brexit. With no Brexit deal at sight, GBP/Usd could remain in the negative territory. Next support level can be found around 1.2940 level.
- csc2009 replied Nov 8, 2018
Usd/Jpy risk remains on the upside, next immediate resistance can be seen as last month high at 114.54, the pair is in the position of retesting the level.
- csc2009 replied Nov 7, 2018
GBP/Usd is maintaining its gains well above 1.3100 level, next resistance can be found around 1.3190, break above would open the door to further gains.
- csc2009 replied Nov 6, 2018
The pair is trading just above 1.3100 level, continue with its bullish tone. US mid-term election result may affect the pair. I set my target at 1.3150.
- csc2009 replied Nov 5, 2018
The pair continues its consolidation above 1.30 level due to the rumours about we might finally get Brexit financial services deal this week. My next target is at 1.3090.