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GBP/USD

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GBPUSD today if we look at the daily timeframe, we can make a conclusion if current trend on daily basis on bearish, daily candle figure out bear candle although with the small body and now when this post was made, price on 1.30544 and close with previous low, its mean not yet breakout, because the market is quite weak, and look RSI line not yet on overbought area, but showing downtrend
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good analysis

maybe I will try it on mt4
#16 - February 10, 2019, 12:04:55 AM

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still in process seems to be heading towards a brexit agreement. sell options are more attractive in the GBP pair, but still we must be cautious with the currency pair versus GBP. because changes at any time quickly change with forex trading conditions,
Good predictions
#17 - February 10, 2019, 02:39:35 AM

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GBP/USD Weekly Price Forecast  British pound finds withdraw late in the week

The British pound fell rather hard during the week but has found a bit of retaining later mention to Friday to take steps signs of moving picture is gone again. At this narrowing, I think we are in reality exasperating to locate the difficulty in further to grow the upside.

The British pound has fallen during most of the week but turned almost on the order of Friday to build taking place signs of liveliness again. That's an utterly enjoyable sign, bearing in mind then that it is right at a downward trend heritage, which of course is exactly where you nonexistence to see buyers hop in. At this strive for, I think that the market is aggravating to govern a defense to rally, and as soon as a softening Federal Reserve, it makes sense that the US dollar would slip. That helps the British pound in general, but we dependence pleasing news out of the UK to establish the complete.
#18 - February 10, 2019, 03:38:07 AM

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GBP/USD tumbles to session lows near 1.3050

Cable moves humiliate and approach the 200-day SMA.
UK Construction PMI dropped to 50.6 in January.
Brexit negotiations period-fortunate to resume this week.

The offered bias concerning the British Pound remains accurately and sealed at the dawn of the week and is now dragging GBP/USD to light daily lows in the mid-1.3000s.

GBP/USD weaker challenges 200-hours of daylight SMA

The selling feels in Cable has intensified today after UK Construction PMI dropped to 50.6 for the month of January, greater than initially forecasted and all along from Decembers 52.8.

The pair is retreating for the third day in a quarrel today, although the vital 200-day SMA in the 1.3050 places appears to be holding nimbly the downside pressure for the become very old mammal.

With less than 60 days for the Brexit deadline (March 29), both EU and UK officials continue to mitigation blaming fingers to each auxiliary even if not even a trace of an appointment appears not far off from the horizon. The UK Parliament will have the adjacent-door key vote behind quotation to speaking the subject of February 14, where a potential malleability to Article 50 could be upon the cards (as competently as a hard Brexit scenario).

GBP/USD levels to insist

As of writing, the pair is losing 0.09% at 1.3062 facing the neighboring preserve at 1.3043 (200-hours of hours of daylight SMA) seconded by 1.2955 (21-day SMA) and finally 1.3001 (high Jan.17). On the supplement hand, a crack above 1.3217 (2019 high Jan.25) would sensitivity the door to 1.3257 (monthly high Oct.12 2018 and moreover 1.3298 (monthly high Sep.20 2018.
what about GBP GDP? 
#19 - February 10, 2019, 04:21:03 AM

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what about GBP GDP?
Hello guys, I do not get your point about GBP GDP, as I know GBP is currency symbol for pound sterling English, and GDP is Growth Domestic Product

Today is Sunday, we know if the market closed, so will good if you make evaluation trades, along the previous week, maybe still so many mistake occurred, with evaluation expected to get betterment skill
#20 - February 10, 2019, 05:31:51 AM

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Hello guys, I do not get your point about GBP GDP, as I know GBP is currency symbol for pound sterling English, and GDP is Growth Domestic Product

Today is Sunday, we know if the market closed, so will good if you make evaluation trades, along the previous week, maybe still so many mistake occurred, with evaluation expected to get betterment skill
yes im sorry, i mean is GDP for GBP is will be annouced this week, do you know what will happen to GBP when this week GDP happen?
#21 - February 10, 2019, 06:46:41 AM

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yes im sorry, i mean is GDP for GBP is will be annouced this week, do you know what will happen to GBP when this week GDP happen?
Just need to check the news GDP on time will released, if likely data news higher than previous data, I think it will good for GBP, but if conversely, if data GDP smaller than previous data, hence will possible not good for GBP, its according theory analysis, but however market is complex, sometimes movement the trend not always same with theory in analysis
#22 - February 10, 2019, 01:28:43 PM

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from the fundamental side
tomorow 9:30 London time,  we have UK GDP numbers and  Manufacturing production,
Tuesday 13.00 London time BOE governor Mark Carney speaks
Wednesday 9:30 London time CPI numbers
and on Friday 9:30 London time Retail Sales numbers

A lot of data for GBP, and also Brexit negotiations all the time
#23 - February 10, 2019, 08:20:03 PM
« Last Edit: February 10, 2019, 08:23:48 PM by MaxiMillion »

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a good afternoon

GBPUSD is in a bearish state. until the time the buyers bring GU towards the bullish trend limit at 1.3010 and even this afternoon will be awaited the trigger from news -news GU which is quite a lot and might produce enough price volatility for scalping to profit. If the results of the news are good and have an impact on the increase, there will be a trend change level. if it doesn't arrive at level 1.3010 then entering the market with sell options can be less risky. but if it reaches that level. then averanging buy can be done.
#24 - February 11, 2019, 09:00:12 AM

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On a global scale, Mark Carney said that economic growth has weakened in all regions, after reaching the highest level of 4 percent in 2016. Future global economic growth is likely to be stabilized. However, he warned that further economic slowdown in China, increased trade conflict, and a relaxed attitude towards various current risks; can threaten future growth. These factors will also increase the burden on the UK economy going forward.

Carney's speech this time did not mention monetary policy or interest rates at all, so it did not affect the Pound's movement. Market participants still predict that the BoE will not change interest rates before the Brexit issue is resolved. When the news was written at the start of the New York session, the GBP / USD currency pair still posted an intraday increase of 0.12 percent in the range of 1.2875, EUR / GBP remained sideways, and GBP / JPY rocketed 0.30 percent to 142.27.
#25 - February 13, 2019, 03:46:44 AM

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For the day back again I want to update the position of GBPUSD. If we see GBPUSD last night it was corrected quite deeply. In my opinion, the decline in GBPUSD was related to the strengthening of the USD, because I saw the USD last night strengthened in almost all major pairs. If fundamentally the USD should have weakened last night because of the news release, the American Manufacturing PMI Index fell to 54.2 in February 2019 from 56.6 in January 2019. Besides being lower than the previous month, the results also missed far from the estimate of 55.6, and back to being the second lowest level since November 2016. But apparently it did not make investors loose. Market players are more likely to see a rise in fourth quarter US GDP in 2018 that exceeds expectations released the previous day. However, analysts are still pessimistic about the rise in the USD because most of the disappointing releases of US economic data this week will weaken the USD.

Next is the Development of Brexit. A rumor circulated in the British media on Thursday that only the European Union could determine the duration of the Brexit delay; not English. In this case, the European Union is likely to provide a very long delay. When faced with this option, the proBrexit camp in the British Parliament is feared to prefer to agree to the draft Brexit agreement proposed by Prime Minister May in the vote on March 13. But the good news came from the Brexit negotiator, Barnier, he told German media that "we are ready to provide further guarantees to Britain that the Irish counterattack is only temporary". besides that he also said that it is possible that the United Kingdom and European Union will cooperate in the future and if the UK submits an application for extension, the EU Council must reach a unanimous decision at the EU summit on March 21 this month.
#26 - March 02, 2019, 05:51:23 PM

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GBP/USD tumbles to session lows near 1.3050

Cable moves humiliate and approach the 200-day SMA.
UK Construction PMI dropped to 50.6 in January.
Brexit negotiations period-fortunate to resume this week.

The offered bias concerning the British Pound remains accurately and sealed at the dawn of the week and is now dragging GBP/USD to light daily lows in the mid-1.3000s.

GBP/USD weaker challenges 200-hours of daylight SMA

The selling feels in Cable has intensified today after UK Construction PMI dropped to 50.6 for the month of January, greater than initially forecasted and all along from Decembers 52.8.

The pair is retreating for the third day in a quarrel today, although the vital 200-day SMA in the 1.3050 places appears to be holding nimbly the downside pressure for the become very old mammal.

With less than 60 days for the Brexit deadline (March 29), both EU and UK officials continue to mitigation blaming fingers to each auxiliary even if not even a trace of an appointment appears not far off from the horizon. The UK Parliament will have the adjacent-door key vote behind quotation to speaking the subject of February 14, where a potential malleability to Article 50 could be upon the cards (as competently as a hard Brexit scenario).

GBP/USD levels to insist

As of writing, the pair is losing 0.09% at 1.3062 facing the neighboring preserve at 1.3043 (200-hours of hours of daylight SMA) seconded by 1.2955 (21-day SMA) and finally 1.3001 (high Jan.17). On the supplement hand, a crack above 1.3217 (2019 high Jan.25) would sensitivity the door to 1.3257 (monthly high Oct.12 2018 and moreover 1.3298 (monthly high Sep.20 2018.
chances are this week GBP USD will try to find weekly SMA200 or be priced at 1.36100
#27 - March 02, 2019, 11:08:13 PM

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Inggris The British Pound began a solid advance this week from 1.3000 support areas against the US dollar. Pair the #Gbpusd Rally above 1.3100 and 1.3200 resistance levels to move to the bullish zone.

the upward step is strong as the pair even broke 1.3250 resistance and the average 50 hour simple moving average. Finally, buyers gained momentum above the level of 1.3300 and the new monthly high was formed at 1.3349.

then, the pair starts a negative correction and trades below the 1.3300 support area. There is a break below 1.3200 support as well before buyers appear near the 1.3175 level

the pair bounced back after trading as low as 1.3172, but still trading well below the simple 50-hour moving average. At the moment, the pair is testing 38.2% FIB RETRACEMENT levels from the last decline of 1.3349 high to 1.3172 low.

however, there is a strong resistance formed near the level of 1.3260 and a modest 50-hour moving average. There is also a large bearish trend line formed with resistance at 1.3260 on the hourly USD / USD chart.

The trend line coincides with the 50% FIB RETRACEMENT level from the last decline of 1.3349 high to 1.3172 low. Therefore, the pair is likely to struggle near the resistance area 1.3260

in the short term, there can be another dip in the USD / USD towards the 1.3140 support area before the pair rises back above 1.3250, 1.3260 and 1.3300 resistance levels.


#28 - March 04, 2019, 10:44:11 AM

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GBPUSD IS NOT A LUNCH OF 5 DAYS FOR BREXIT


Although there is minimal release of important data from the UK, GBPUSD is still seen continuing the decline in US session trading today. The new freedom of market participants is the Brexit view which until now is still unclear. While the deadline for the UK's exit from the European Union is getting closer, which is March 29.

Next week is a week that could be considered the final determinant of the fate of Brexit. Tuesday (12/03) The British Parliament will again vote on the Brexit agreement granted by Prime Minister Theresa May. If the vote returns to approve the termination given by May, then a vote is received (Wednesday, 13/03) a vote is held to end it without the Brexit agreement.

As followed by Bloomberg, if the vote results also reject Brexit no-deals, then the voting will be held on Thursday (03/14) to request an extension or cancel Brexit issued on March 29. This lack of clarity is still a major market challenge and makes the potential for GBPUSD strengthening to be limited. The free referendum of the second expectation is increasing.

Until the end of trading this week, there has been no important data release from the UK which will be the driving catalyst for GBPUSD. Therefore, Brexit and the strength of the dollar that is still struggling make the GBPUSD move volatile until the weekend.

At 11:59 p.m. GBUSD traded at the level of 1.3146 and posted a decline for five consecutive days.
#29 - March 06, 2019, 11:39:58 PM

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GBPUSD NEWS Fundamental
GBP/USD in Fundamental_Screenshot-2019-03-09-18-49-43

GBPUSD lacks booster booster data on Friday trading until the closing of the American market.
in the midst of Brexit news that has never met any improvement in the draft agreement with the European Union and a decline in the euro zone inflation and GDP outlook by the ECB at its monetary meeting yesterday.

GBPUSD trades below 1.3100, precisely 1.3082 or only 3 pips higher than the closing of the American session yesterday.
This week's meeting between British attorney general Geoffrey Cox and EU chief negotiator Michel Barnier has ended without progress.
Cox hopes to convince European Union colleagues to set a deadline or clause out of the backstop in Ireland.
planned debate to avoid hard borders in Ireland to win support from Conservative MPs who support Brexit.
But EU leaders have not moved from their founding.

The obstacle to strengthening the GBP also came from the ECB management who rolled back the stimulus program even though the shape was different from the quantitative easing.
The ECB's decision to give long-term loans to banks was triggered by an economic slowdown.

ECB President Mario Draghi revealed a cut in the euro zone's growth outlook, from 1.7 percent six months ago to 1.1 percent and the continuing ECB stimulus program to push inflation to a target rate of 2 percent. Draghi cited inflation estimates this year at 1.2 percent after the ECB had predicted 1.6 percent.
#30 - March 09, 2019, 12:19:46 PM

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