GBP/USD

[fxstrategist]

Gbpusd

The GBPUSD tries to go back up as expected, but we still need to see a breakout above its 55 day EMA around the 1.2372 level in order for the bullish trend to continue.

 

[csc2009]

The pair is in a short term consolidation mood just above 1.23 level, with upside limited around 1.2350/40 zone. Focus turn to Trump tomorrow.

 

[victoriajensen]

GBP/USD is testing the support at 1.2250 yet again. A breakout below that support will likely lead to a further drop towards 1.2100.

 

[Phylo]

https://www.poundsterlinglive.com/u...-the-same-thing-after-presidents-are-sworn-in

 

[J2theFizzle]

GBP/USD is testing the support at 1.2250 yet again. A breakout below that support will likely lead to a further drop towards 1.2100.

think USD rallies after Trump gets sworn in and starts talking up jobs, lowering corporate tax etc So the fall in Jan could start to find a second wind....

 

[J2theFizzle]

The GBPUSD tries to go back up as expected, but we still need to see a breakout above its 55 day EMA around the 1.2372 level in order for the bullish trend to continue.

sorry what's EMA?

 

[Atilla]

sorry what's EMA?

Exponential Moving Average

 

[J2theFizzle]

Exponential Moving Average

ah thank you

 

[fxstrategist]

Gbpusd

The GBPUSD rallies again towards the 55 day EMA, around the 1.2372 level, but it has not been able to break it to the upside, another bearish bounce is possible.

 

[csc2009]

Trump's inauguration speech may increase volatility but Gbp/Usd did not change much, still trading in a range, consolidation seems continue, strong resistance level can be found around 1.2415/2420 zone.

 

[arigoldman]

The Pound had a very good week up against all peers on May's optimism!

 

[gerryg]

Trump's inauguration speech may increase volatility but Gbp/Usd did not change much, still trading in a range, consolidation seems continue, strong resistance level can be found around 1.2415/2420 zone.

Nothing special during the inauguration lets focus on his steps.
I would say Yellen tries to curb Dollar rally being dovish on hikes but it won't last long. My bet is long Dollar next week.

 

[Energy Market]

Levels (23.01.2017)

Priority - SELL! Levels Sell1/Target1,2 - strong levels!

 

[victoriajensen]

The pair is still quite bullish. A breakout above 1.2460 will likely lead to a further move to the upside towards the resistance at 1.2530, which is the (MA)89 indicator on the daily time-frame.

 

[csc2009]

Market fears the uncertainty of Trump's policies, Pound is going up against dollar, immediate resistance level can be found at 1.2547 level.

 

[tar]

Article 50 'Brexit' judgment, on Tuesday 24 January

https://www.supremecourt.uk/news/access-arrangements-for-24-january-article-50-brexit-judgment.html

 

[idimitrov]

The decline of the dollar supported the pound sterling, which reached a peak of six weeks, while investors predicted that the British High Court later on Tuesday will make a decision about that to start formal negotiations on the withdrawal from the European Union the government needs the approval of Parliament.
The pound reached a high of $1.2538 - the maximum against the dollar since December 15, but then fell slightly to $1.2505.

 

[Energy Market]

Hello! ! Auction results for 23.01.2017 (levels were posted just above) ... 6B (GBPUSD): Buy-series +73п (the rebound from the priority level ... of similarity in the screenshot), +490п )) and +218п! PS Here, more levels and positive )): https://vk.com/energymarketgroup!

 

[deresel]

The pound recorded significant increase against the dollar on Monday. The session started at 1.2375 and ended at 1.2533. After steady upward movement the price managed to break the first resistance at 1.2516. If the upward trend continues we can expect a test of the next resistance at 1.2700.

 

[deresel]

Key levels to watch for:
Support: 1.2516; 1.2360; 1.2150;
Resistance: 1.2700.