GBP/USD forecast - page 46

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Key levels to watch for:
Support: 1.2360; 1.2150;
Resistance:  1.2516; 1.2700.
 
The British pound fell against the dollar on Friday. By the closing of US trading GBP/USD was trading at 1.2410, shedding 0.64%. I believe that the support is now located at the level of 1.2379, Wednesday's low and resistance is likely at the level of 1.2550 - a maximum of Tuesday.
 
Next week there will be FOMC minutes, so pound may continue falling to 1.2346, followed by 1.2252.
 
GBP/USD had a tough week and now market participants are anticipating the Mark Carney speech on Tuesday before the UK parliament.
 
The GBPUSD is still oscillating around the 55 day EMA and around the 1.2500 level without a clear direction. From the current levels the pair may head in any direction and we are still waiting for a breakout of the 1.2600 level or the 1.2300 level.
 
Gbpusd still move on ranging trend market on daily, seem on today still having possibility to move up again and might can reach on fisrt resistance on previous daily
 
Gbp/Usd continue to struggle regain the 1.25 level, risk remains on the downside. Next support level can found around 1.2380 and follow by 1.2345.
 

Greetings:

GBP/USD is rising and testing 1.2450 resistance. I expect that the resistance will be broken and the price will move up to 1.2485/90.

 
Pound/Dollar had a moderate bullish momentum yesterday, topped at 1.2482. The bias is neutral in nearest term. Immediate resistance is seen at 1.2520. A clear break above that area could trigger further bullish pressure to test 1.2580. On the downside, first support is 1.2435. A clear break below could lead to bearish pressure testing 1.2380/40.
 

Greetings.

GBP/USD - Daily bias looks from the long side today. I expect movement up to 1.2505/10. 

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