gbp/usd

GBP/USD Intraday: key resistance at 1.6605. Back | Next

Pivot: 1.6605

Our preference: Short positions below 1.6605 with targets @ 1.653 & 1.651 in extension.

Alternative scenario: Above 1.6605 look for further upside with 1.6625 & 1.6655 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.6605.

Trading range and technical levels today
Range of price movement for today: 1.6463- 1.6635.
Important technical levels for today.
Support level: 1.6521, 1.6503, 1.6463.
Resistance level: 1.6576, 1.6613, 1.6635.
Area buying for today: 1.6503-1.6463.
Sales area for today: 1.6613- 1.6635

GBP/USD Intraday: key resistance at 1.66. Back | Next

Pivot: 1.66

Our preference: Short positions below 1.66 with targets @ 1.656 & 1.653 in extension.

Alternative scenario: Above 1.66 look for further upside with 1.6625 & 1.6655 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.66.

GBP/USD pair discussion(sort terms-less than one day) thread,

All live trends, news and current situation of the GBP/USD pair will be discussed here. All GPB/USD fans welcome

bhai jan ye aik bohat hi acha pair hy
aur mn khud is mn trading karta hn
aur ap ko bhi mashra don ga k ap bhi isi mn kam karen

GBP/USD Intraday: the bias remains bullish.

Pivot: 1.656

Our preference: Long positions above 1.656 with targets @ 1.6625 & 1.6655 in extension.

Alternative scenario: Below 1.656 look for further downside with 1.653 & 1.651 as targets.

Comment: A support base at 1.656 has formed and has allowed for a temporary stabilisation.

Downtrend continues.

Estimated pivot point is at the level of 1.6640.

Our opinion:Alternative scenario:Analysis:[IMG]https://ci4.googleusercontent.com/proxy/2bAyhETRyDGOMMn7jO7hvgHDgfVBMhcFiSiIm0ImjXbfJbXKqO 4OPsC0Eb_qmS1w05brdX13YOTg0uMHOPYmz8c89U3EKnrI63cr uZ3yeQUeSiWP4uZZS76QvlZ2gQBtWg=s0-d-e1-ft#http://www.*********.com/uploads/other/de23c672a67cedf7e408ec9b9109d073.png[/IMG]

[IMG]https://ci5.googleusercontent.com/proxy/kA7qpDnQE_2YxYsieJ3sXOxU_gy5dXktvJOVGlvIp4tuSOkDBv fikFvaKUxnBczERmcD9ZPtPfdSkRwjb-nGmCxhsLa5NnEo2haluX-GjMrLETU7j94YIKbTVv-bPcWW_A=s0-d-e1-ft#http://www.*********.com/uploads/other/d5bb47c28f4acd45e726c47c4847e0be.png[/IMG]

GBP/USD Intraday: the bias remains bullish. Back | Next

Pivot: 1.656

Our preference: Long positions above 1.656 with targets @ 1.6625 & 1.6655 in extension.

Alternative scenario: Below 1.656 look for further downside with 1.653 & 1.651 as targets.

Comment: The RSI is mixed to bullish. The pair stands above its support and remains on the upside.

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analysis for today 9 / 1 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.6594
Retracement (50%) 1.6588
retracement (61,8%) 1.6581

Extensions (61.8%) 1.6645
Extensions (100.0%) 1.6664
Extensions (138.2%) 1.6683
Extensions (161.8%) 1.6696
calculation based on a Fibonacci retracement then today I choose buy

I have no balance for trading but dear always check al currency but most of the people work in euro/usd usd/jpn asd/usd and gbp/usd are main and stable currencies. That why we should work in these currencies to avoid major losses and jenerate profit

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analysis for today 9 / 2 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 9 / 1 / 2014
OPEN 1.6607
HIGH 1.6614
LOW 1.6578
CLOSED 1.6586

The third resistance (R3) 1.6614 -( 1.6593 - 1.6578 = 0.0015 x 2 = 0.0029 )= 1.6643
The second Resistance (R2) 1.6593 + 1.6614 - 1.6578 = 1.6629
First resistance (R1) 1.6593 x 2 = 3.3185 - 1.6578 = 1.6607
pivot points 1.6614 + 1.6578 + 1.6586 = 4.9778 / 3 = 1.6593
Support for the first (S1) 1.6593 x 2 = 3.3185 - 1.6614 = 1.6571
Support second (S2) 1.6593 -( 1.6614 - 1.6578 = 0.0036 ) = 1.6557
Third Support (S3) 1.6578 -( 1.6614 - 1.6593 = 0.0021 x 2 = 0.0043 )= 1.6535

GBP/USD Intraday: under pressure. Back | Next

Pivot: 1.6575

Our preference: Short positions below 1.6575 with targets @ 1.65 & 1.646 in extension.

Alternative scenario: Above 1.6575 look for further upside with 1.6615 & 1.664 as targets.

Comment: The pair stands below its resistance and remains under pressure.

cypher pattern GBPUSD agar dek lay achay tu ik point buy i ka jo hai sypher pattern hai our second question yeh hoti hai k k down may support hai bahot achay our next question yeh hai k market nay ik new low liya hai insallah umeed karta ho down say market pull back karay gi

bhai jan ap ne bht he acha thread start kia hx is forum pe is thread se jo information mlegi us se tmam new traders ko bht faida hoga aur wo is se forex pe trading kr k profit hasil kr skty hen

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analysis for today 9 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 9 / 2 / 2014
OPEN 1.6607
HIGH 1.6614
LOW 1.6467
CLOSED 1.6468

The third resistance (R3) 1.6614 -( 1.6516 - 1.6467 = 0.0049 x 2 = 0.0099 )= 1.6713
The second Resistance (R2) 1.6516 + 1.6614 - 1.6467 = 1.6663
First resistance (R1) 1.6516 x 2 = 3.3033 - 1.6467 = 1.6566
pivot points 1.6614 + 1.6467 + 1.6468 = 4.9549 / 3 = 1.6516
Support for the first (S1) 1.6516 x 2 = 3.3033 - 1.6614 = 1.6419
Support second (S2) 1.6516 -( 1.6614 - 1.6467 = 0.0147 ) = 1.6369
Third Support (S3) 1.6467 -( 1.6614 - 1.6516 = 0.0098 x 2 = 0.0195 )= 1.6272

GBP/USD Intraday: the downside prevails. Back | Next

Pivot: 1.651

Our preference: Short positions below 1.651 with targets @ 1.6425 & 1.64 in extension.

Alternative scenario: Above 1.651 look for further upside with 1.6535 & 1.656 as targets.

Comment: The RSI is bearish and calls for further decline.