Gbp/Usd

[lover222]

The GBP/USD pair went higher during the session on Friday, stretching towards the 1.6250 level. This area is significant resistance, but at the end of the day. I need to see this pair break above the 1.63 handle on a daily close in order to buy-and-hold, as the market would go much higher. At that point, probably chasing the 1.65 level before it's all said and done. With that being the case, I feel this market could pullback in this general vicinity, but that simply will be a momentum building exercise as we try and breakout above what has been pretty stubborn resistance.

The British pound itself looks rather strong, and has done quite well against many of the other currencies around the world, so of course the US dollar will be too different. However, recognize the fact that the US dollar has been doing better than some other currencies out there, so therefore this breakout may take a little bit longer than anticipated. A pullback here could be a buying opportunity, but sooner or later the market has to make some type of longer-term decision.

[gale]

TRADING by using pivot indicator.
indicators today : BUY
if price break UP LEVEL :1.6240
the pair will go to :1.6270
and then go to level :1.6315

[gale]

Current rise should end around 1.6219 or 1.6232. Objectives of this downmove are 1.6190 or 1.6162. A rise above 1.6247 is again bullish.

Key Point1.6274
Entry Point1.6225
Elliott1.6059
Closing1.6218
Projection1.6252
Trendline 11.6147
Trendline 21.6281

[isha]

indicators today : up
if price break above level :1.6180
the pair will go to :1.6250
and then go to level :1.6325

[isha]

hi all, how are you..
chart for today is showing sides ways with 40 - 90 pips.
i will add 2 pending order : take profit 80 stop 60
buy order today at : 1.6100
sell order today at : 1.6180

[Top]

Todays gbp/usd Resistance & Support
Resistance
1-Resistance 1.2887
2-Resistance 1.2891
3-Resistance 1.2803
Support
1-Support 1.2878
2-Support 1.2839
3-Support 1.2847

[shahry]

Daily analysis about trend is sell

Resistance and Supporting level is :

1> Resistance is : 1.2925
2>Resistance is : 1.2937
3>Resistance is: 1.2950


1> Supporting is : 1.2900
2>Supporting is: 1.2888
3>Supporting is: 1.1275

[ansarifx444]

GBP/USD remains on the upside as rebound from 1.2391 is in progress. Further rise should target 1.3174 resistance, which is close to 38.2% retracement of 1.4376 to 1.2391 at 1.3149. As such rebound is seen as a corrective pattern, we’d expect strong resistance from there to limit upside, at least on first attempt. On the downside, below 1.2832 minor support will turn intraday bias neutral first. But further rally will remain in favor as long as 1.2668 minor support holds.

[ajmalking]

my dear sir, today my Technical analysis of GBP/USD market trend is bULLISH

Resistance and Supporting levels is :

Resistance level is

1. Resistance level is: 1.3050
2. Resistance level is: 1.3120
3. Resistance level is: 1.3225


Supporting level is

1. Supporting level is: 1.2890
2. Supporting level is: 1.2780
3. Supporting level is: 1.2720

[ansarifx444]

According to my analysis The GBPUSD pair bullish while trading above the 1.2930 level, key technical resistance is found at the 1.3000 and 1.3095 levels.If the GBPUSD pair falls under the 1.2930 level, key support is found at the 1.2890 and 1.2810 levels.