Gbp/Usd

[302]

Exchanging Signal - 29/11/2013 - 10:00 GMT+3

Instrument: GBP/USD

Upwards Strong

The TP1 was nearly come to and the market is in danger of redressing lower advised us to move the stop misfortune higher(1.6290). Given the economic situations will continue as before the TP1

will be come to soon.

Support and Resistances

1.6300 1.6380

1.6250 1.6420

1.6200 1.6450

[zainm6050]

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[ba33]

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.

[FA148P]

Daily trend signals analyzer FA148P for Gbp/Usd
I understand all the signals and analysis from FiboPiv-2. It always enables me to understand the trend of the current market .so after the great efforts to understand market support and residence .I make the recommendation.
Support and Resistance:

Resistent3: 1.2756
Resistent2: 1.2717
Resistent1: 1.2693
Pivot level: 1.2655
Support 1: 1.2616
Support 2: 1.2592
Support 3: 1.2554

Trading recommendation is… ( Sell )

[ba33]

GBP/USD (a 4-hour chart)
29 October 2013
Trading recommendations
The British pound has not been able to penetrate and consolidate above the strong resistance level of 1.6230 for six days, despite the fact that the price is being traded in the direction of the rising trend line.
In the medium term, the upward movement is ****ually reduced. Decrease to 1.5950 is possible.

[rashidnawaz]

Pound completed one progressively down development yesterday, as we was paused. Also, presently this rollback which was during the evening is ordinary thing for new down move, and I figure we will see development

[lover222]

daily trading,I hope the day is a success ...
GBP/USD (Daily Trade)

Resistance : R1 1,6256 R2 1,6281 R3 1,6301 R4 1,6331
Support : S1 1,6173 S2 1,6148 S3 1,6128 S4 1,6098

Open : 1,6203
High : 1,6248
Low : 1,6181
Range : 67 Pips
Running Price : 1,6223

For intraday trade today suggest BUY at the level 1,6223 stop loss at the level 1,6173 target take profit at the level 1,6301 or at the level 1,6331

[PAK786]

Daily updates for the pair Gbp/Usd

this pair always gives me a good profit on every trade .today its move is much better than previous .The money management of the trading trend is very effective for getting profits with the stop loss and take profits method of getting with current trade position.

Today Trend for this pair is : sell

over all up movement; 1.2695
over all Down movement : 1.2617
End point of today market; 1.2633

My judgments always make me to control the forex market movement. But please you always put a take loss in your trade for reduce your risk. Best of Luck

[gale]

GBP / USD daily up to adjust the interval since October 1st along the nearby the callback, GBP / USD to effectively break before the medium-term trend is still there will be a certain degree of repeated. From the map hour trend, sterling / dollar on average system formed downward through the objective, direction conversion potential �, rapid decline after the last trading day, short-term around 1.6130 support low adjustment, is expected to pound through short-term adjustment still further downward pressure. The short-term support 1.6130,1.6065; 1.6205,1.6240.

[gale]

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.