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GBP/USD

Daily Time Frame with bollinger bands

Well Daily Chart suggest that we are still trading below the middle bollinger band and price is still in a down trend. So, the price exchange for GBP/USD may still continue lower according to this technical study. Upto 1.2070

Monthly Time Frame with ichimoku cloud
The price for GBP/USD in the monthly chart suggest that we're still trending downward, as we are trading below cloud+price below ki jun sen and tenken sen cross to downside and still seems like w…
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GBP/USD

Monthly Chart

Currently GBP/USD trading inside a bear flag in Monthly chart.....In December if we got the rate hike.....Than i expect price to drop around 1.4500. In the longer term.....There maybe an additional rate hike by Fed, later that could cause GBP/USD to drop further down to 1.4000 by March. So, in the long term, expecting price to go down.
Weekly Chart:
We can see in the weekly chart that price is currently trading below this trendline+ below the ichimoku cloud....Needs to first break…
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GBP/USD

Weekly Chart
Well in the weekly chart we can see that the price is down below the cloud, chikou span is also pointing down. So, technically the price should be going lower. My expected price by 2nd of March 2015 is around 1.5070$ for 1£.
Monthly Chart
Well in the Monthly Chart we can see, that the price of GBP/USD has gone down near yearly lows, and price can continue to go lower to 1.5070 by 2nd of March 2015.
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GBP/USD

Daily Chart:
Well according to the ichimoku system we can clearly see that the trend is bearish at the moment. As price is trading below the cloud and below the kijun sen and tekan sen lines. The chinkou span is signalling that price is oversold at the moment. Whereas the ultimatum oscillator indicator is also indicating a lower price expectation.
Weekly Chart:
Well in the Weekly chart we can see that the GBP/USD is heading downwards near the lower bollinger band, i think once the price trades b…
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GBP/USD

Daily Chart:
Well according to the daily Chart we can see that the trend is oversold around 1.6657. There can be slight demand above 1.6700. Current trading price is around 1.6715. We can see that earlier we had some strong resistance around 1.6845. Also we can see that the trend is bearish as it's trading below at the moment below both kijunsen and tekensen line. If U.K economy continues like this than by 1st of 0ctober we'll see the price of GBP/USD exchange around 1.6580.

We
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VikaChechenkova avatar

молодец!!!

aslamhammad avatar

Scotland Independence votes earlier had alot of pressure on the British pound. After the result of votes, we saw a rapid recovery from 1.6080-1.6400. Between 10th Sep-18th Sep. Now again we're seeing this pair started to go down again, with improvement in U.S.A recent (QoQ) GDP.

aslamhammad avatar

GBP/USD fell a bit today after weak manufacturing PMI data....Upcoming ADP Non farm employment change of U.S.A can add the pressure. Currently trading around 1.6185.

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GBP/USD

Daily Chart:
Well i think GBP/USD is going to reach 1.7048 by 1st of July.....As if we look at the ultosc oscillator indicator it's still heading upwards and volatility is low.....So, my sentiment for GBP/USD is bullish
Weekly Chart:
If we look at the weekly chart, the trend is still bullish, above the cloud. Adx and stochastic indicator also indicating bullish trend at the moment...So, I expect the trend to move higher around 1.7048
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GBP/USD

Well the GBP economy is showing progress, so i believe we're going to see a stronger pound against the dollar. So, we can expect the exchange rate to be around 1.6740 by 3rd of March in my opinion.
Check out the pivot points:
H4 Chart:
Well the rsi is low which is a signal for entering for bulls. Bulls will gain energy slowly slowly
Daily Chart:
Well the pound did come allite bit down in the daily chart. But she will be recovering back to the upside as the bulls are still at a bullish level betw…
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HOANG_MAI_NHI avatar

good job

alifari avatar
alifari 1 Mar

Another good one, well done

Mani avatar
Mani 1 Mar

good work

agddivisas avatar

Well,I like it! Very good.

aslamhammad avatar

Thanks everyone :)....Today after GBP Manufacturing PMI economic data release with 56.9, we saw the exchange rate hit goto 1.6751.....Now due to Ukraine crissis market rolled back down a bit to 1.6720. Overall make predication was pretty good for this month for Gbp/usd :)

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GBP/USD

Sterling Pound in my opinion is probably going to reach 1.6300$ for 1£ by 2nd January 2014.
Check out the pivot points:
Weekly Chart:
Upper Bollinger band indicates a high of 1.65193, however my target is around 1.6300$ for 1£
Monthly Chart:
In the monthly Ichimoku Cloud indicator indicating a high breakout point near 1.66288, however the Bank of England has to provide some strong economic data to push the cable higher
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aslamhammad avatar

i think this pair will have an exchange rate of 1.6300 by 2nd of January :)

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GBP/USD

Well i guess the British economy is beginning to show improvement, so i think GBP/USD will reach 1.6000£ for 1$ by 1st November.Weekly Chart:Monthly Char:
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