gbp/usd

gbpusd daily update hai yeh our is may mujay gu bahot bahot ziyda week lag raha hai our yeh long trade par sell ho ga insallah umeed karta ho k kuch hi dino may yeh bahot ziyda long sell honay wala hai our sath sath may agar deka ja tu yeh abi break out kar choka hai our koi support nahi hai is time may

analysis for today 5 / 29 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.6742
Retracement (50%) 1.6756
retracement (61,8%) 1.6769

Extensions (61.8%) 1.6625
Extensions (100.0%) 1.6580
Extensions (138.2%) 1.6535
Extensions (161.8%) 1.6508
calculation based on a Fibonacci retracement then today I choose sell

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analysis for today 5 / 30 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 5 / 29 / 2014
OPEN 1.6710
HIGH 1.6739
LOW 1.6692
CLOSED 1.6716

The third resistance (R3) 1.6739 -( 1.6716 - 1.6692 = 0.0024 x 2 = 0.0047 )= 1.6786
The second Resistance (R2) 1.6716 + 1.6739 - 1.6692 = 1.6763
First resistance (R1) 1.6716 x 2 = 3.3431 - 1.6692 = 1.6739
pivot points 1.6739 + 1.6692 + 1.6716 = 5.0147 / 3 = 1.6716
Support for the first (S1) 1.6716 x 2 = 3.3431 - 1.6739 = 1.6692
Support second (S2) 1.6716 -( 1.6739 - 1.6692 = 0.0047 ) = 1.6669
Third Support (S3) 1.6692 -( 1.6739 - 1.6716 = 0.0023 x 2 = 0.0047 )= 1.6645

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analysis for today 5 / 30 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.6710
Retracement (50%) 1.6716
retracement (61,8%) 1.6721

Extensions (61.8%) 1.6663
Extensions (100.0%) 1.6645
Extensions (138.2%) 1.6627
Extensions (161.8%) 1.6616
calculation based on a Fibonacci retracement then today I choose sell

02-06-014 GBP.USD/ market pushed higher after finding support down near 1.6700 possible go high 1.6840 1st
if the market go back upside. we have another sell area.

Pivots Daily indicator the following important levels:
First level of support at around 1.6722
Level Two support at around 1.6686
The third support at around 1.6658
The pivot point is at around 1.6750
First level of resistance at around 1.6786
Second resistance level is at around 1.6814
The third resistance level is at around 1.6850
Levels of buy Intraday at around 1.6686 target 1.6722.
Levels of sell Intraday at around 1.6814 target 1.6786

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analysis for today 6 / 2 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 5 / 30 / 2014
OPEN 1.6716
HIGH 1.6777
LOW 1.6714
CLOSED 1.6754

The third resistance (R3) 1.6777 -( 1.6748 - 1.6714 = 0.0034 x 2 = 0.0069 )= 1.6846
The second Resistance (R2) 1.6748 + 1.6777 - 1.6714 = 1.6811
First resistance (R1) 1.6748 x 2 = 3.3497 - 1.6714 = 1.6783
pivot points 1.6777 + 1.6714 + 1.6754 = 5.0245 / 3 = 1.6748
Support for the first (S1) 1.6748 x 2 = 3.3497 - 1.6777 = 1.6720
Support second (S2) 1.6748 -( 1.6777 - 1.6714 = 0.0063 ) = 1.6685
Third Support (S3) 1.6714 -( 1.6777 - 1.6748 = 0.0029 x 2 = 0.0057 )= 1.6657

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analysis for today 6 / 2 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.6738
Retracement (50%) 1.6746
retracement (61,8%) 1.6753

Extensions (61.8%) 1.6675
Extensions (100.0%) 1.6651
Extensions (138.2%) 1.6627
Extensions (161.8%) 1.6612
calculation based on a Fibonacci retracement then today I choose sell

http://prntscr.com/3p5tp7
analysis for today 6 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 6 / 2 / 2014
OPEN 1.6755
HIGH 1.6767
LOW 1.6724
CLOSED 1.6745

The third resistance (R3) 1.6767 -( 1.6745 - 1.6724 = 0.0021 x 2 = 0.0043 )= 1.6810
The second Resistance (R2) 1.6745 + 1.6767 - 1.6724 = 1.6788
First resistance (R1) 1.6745 x 2 = 3.3491 - 1.6724 = 1.6767
pivot points 1.6767 + 1.6724 + 1.6745 = 5.0236 / 3 = 1.6745
Support for the first (S1) 1.6745 x 2 = 3.3491 - 1.6767 = 1.6724
Support second (S2) 1.6745 -( 1.6767 - 1.6724 = 0.0043 ) = 1.6702
Third Support (S3) 1.6724 -( 1.6767 - 1.6745 = 0.0022 x 2 = 0.0043 )= 1.6681

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analysis for today 6 / 3 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.6751
Retracement (50%) 1.6746
retracement (61,8%) 1.6740

Extensions (61.8%) 1.6794
Extensions (100.0%) 1.6810
Extensions (138.2%) 1.6826
Extensions (161.8%) 1.6837
calculation based on a Fibonacci retracement then today I choose buy

http://prntscr.com/3pgk52
analysis for today 6 / 4 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 6 / 3 / 2014
OPEN 1.6746
HIGH 1.6780
LOW 1.6730
CLOSED 1.6748

The third resistance (R3) 1.6780 -( 1.6753 - 1.6730 = 0.0023 x 2 = 0.0045 )= 1.6825
The second Resistance (R2) 1.6753 + 1.6780 - 1.6730 = 1.6803
First resistance (R1) 1.6753 x 2 = 3.3505 - 1.6730 = 1.6775
pivot points 1.6780 + 1.6730 + 1.6748 = 5.0258 / 3 = 1.6753
Support for the first (S1) 1.6753 x 2 = 3.3505 - 1.6780 = 1.6725
Support second (S2) 1.6753 -( 1.6780 - 1.6730 = 0.0050 ) = 1.6703
Third Support (S3) 1.6730 -( 1.6780 - 1.6753 = 0.0027 x 2 = 0.0055 )= 1.6675

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analysis for today 6 / 4 / 2014

GBP/USD

Resistance : R1 1.6773 R2 1.6798 R3 1.6818 R4 1.6848
Support : S1 1.6676 S2 1.6651 S3 1.6631 S4 1.6601

Open : 1.6749
High : 1.6751
Low : 1.6698
Range : 53 Pips
Running Price : 1.6731

Strategy : SELL at the level 1.6731 stop loss at the level 1.6773 target take profit at the level 1.6631 or at the level 1.6601

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analysis for today 6 / 4 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.6761
Retracement (50%) 1.6755
retracement (61,8%) 1.6749

Extensions (61.8%) 1.6811
Extensions (100.0%) 1.6830
Extensions (138.2%) 1.6849
Extensions (161.8%) 1.6861
calculation based on a Fibonacci retracement then today I choose buy

GBP/USD 6 / 4 / 2014


Resistance 3 1.6828
Resistance 2 1.6798
Resistance 1 1.6778
Pivot Point 1.6749
Support 1 1.6671
Support 2 1.6651
Support 3 1.6621

BUY STOP 1.6778 STOP LOSS 1.6671 TAKE PROFIT 1.6798
SELL STOP 1.6671 STOP LOSS 1.6778 TAKE PROFIT 1.6651

GBP USD's rally started on 7 july 2013 upto now but now it seems that the good days of GBP USD are finished and now the GBP USD would drop down like a fire. There is no 100% confirmation about it but that's what situation says.