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Saturday, September 03, 2016

GBPUSD Outlook: 05 - 09 Sep 2016

High Impact (in red) expected on the following days (GMT +8)
Mon - 4.30pm, US Bank Holiday
Tue - 10pm
Wed - 4.30pm, 9.15pm
Thu - 8.30pm, 11pm
Fri - 4.30pm, 7.45pm

Fib Levels100 - 1.35321
61.8 - 1.32540
50.0 - 1.31686
38.2 - 1.3083123.6 - 1.29762
0.0 - 1.28095

Weekly
H - 1.33518
L - 1.30587
O - 1.31087
C - 1.32915

Friday

H - 1.33518
L - 1.32517
O - 1.32663
C - 1.32915


Resistance: 1.33049, 1.33351,1.33522, 1.33711
Support: 1.3290, 1.32560, 1.32351, 1.31541, 1.31254, 1.30852, 1.30601

A double top may be formed at 1.33711 if it doesn't break above this level. If it does, expect 1.342.

A retest to 1.30831 may still be possible.