EURUSD, GBPUSD downside limited.

Hello there,

From technical point of view, ForexTeam think that potential downside for EURUSD and GBPUSD remains limited.

EURUSD Support levels: 1.1380, 1.1345, 1.1280
GBPUSD Support levels: 1.2840, 1.2810, 1.2750

USD Index this week could test resistance level: 96.30-96.50 with possible rejection.

GBPUSD vs. USD Index: 3-2-1- Start!

Hello guys,

we compare GBPUSD and USD Index. If resistance level on USD Index (96.50) stops the bulls, it will be the case for GBPUSD to jumping up. Let’s go!

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GBPUSD weekly report 19.06-23.06.2017

Hello there,

we would like to show you some important RES & SUP levels for GBPUSD for this week.
We see this currency pair bearish if the price stay under 1.2844

RESISTANCE 1 = 1.2844
RESISTANCE 2 = 1.2806

SUPPORT 1= 1.2580
SUPPORT 2 = 1.2728

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GBPUSD: ForexTeam reached first target at 1.2706!

Hey there,

According ForexTeam’s previous GBPUSD reviews for this week tonight – 09.06.2017 at 00:10 we reached our target at support level 1.2706, as we planned. It’s party-time!!!
We hope you enjoy our free automated trading signals online 😉

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Good trades,
ForexTeam

GBP USD weekly review: It is probably H&S on H4

Hi there,

we would like to share this information with you!

According our forex market research, ForexTeam is still by GBPUSD sell action. We think that soon on H4 time frame will be formed H&S structure and if this is the case, we expect GBPUSD sell till support level at 1.27
By the way, important resistance level at 1.2956 !

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Trade well,
ForexTeam

GBPUSD: Do you like roller coaster?

Hello guys,

According our weekly review for GBPUSD, for this week we planned slowly bearish pressure for this currency pair.
I repeat my question: “Do you like roller coaster?”
Every day on this week the price tried to jump above resistance level at  1.2907, but daily close prices was always below this resistance level – clearly it was already 2 attempts!!

Today afternoon comes Nonfarm Payrolls report in USA and we think that if on daily time frame (D1) the price will stay below 1.2907 it could be the main reason of GBPUSD SELL OFF.

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Let’s drive together!
ForexTeam

Update for GBPUSD 01.06.2017

hi there,

On last day in May British currency tried to break resistance level at 1.2907, but on daily time frame (D1) yesterday close price was 1.2889. If this resistance level (1.2907) holds somehow, than bears push the price down till the next support level at 1,2700 and ForexTeam reach the first target.
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Hold on,
ForexTeam

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