Gbp/Usd

[Djens]

Sorry, I did not, did not have time last week for a full analysis of the currency pair and the opening of the transaction on the sale. This week, I plan to open a deal

[Gamabunta]

Being pair of sterling against the dollar test of pivotal support 1.4885, and as we pointed out in our morning report, we need to penetrate a pivotal levels that are mentioned support and 1.5085 resistance to determine the point of the following price more accurately, which makes us continue to neutral so far.

[Djens]

Unfortunately, I have bad results of trading with this currency pair. I opened long deal and the price went down. So, now I plan how to trade next week.

[danish555]

it is the currency pair in which the traders are trading there are some currencies which have good movement for the trading this currency is one of them it has also great movement in a day mostly traders are trading in this currency pair

[Ex.ness Support]

GBPUSD: consolidation higher than the level of 1.4865
https://twitter.com/Exness_Support/s...62390910636032

GBPUSD
Dec. 21, 2015, 10:33
Sell on a level breakthrough of 1.4865 with 1.4800 target. Stop loss = 1.4915.

Reason for the trading strategy

Today at 11:00 GMT, the CBI retail sales balance for the UK will be published. The rate growth expected in December may be insignificant against the background of a slowdown in the average wage annual growth in the UK at the beginning of Q4 2015. The risks of the euro declining to the level of $1.48 remain high.



GBPUSD, H4

[CentreForex]

Our Preference: Sell Below 1.4950 for the target 1.5850 levels.
Alternative Scenario: Nill.

Technical Commentary :- In Weekly Chart :- GbpUsd was closed on lower side as bearish candle and its was closed below the key support level of horizontal line and so its conforming for the selling trend and we can except on selling side upto next key support level :- which we have shown in attached image.



In Daily Chart :- GbpUsd was closed on lower side as bearish candle and now GbpUsd was trading near key support level If the key support level breaks means we can except key sell off :- which we have shown in attached image.



In 4 Hour Chart :- GbpUsd was trading in the sideways movement between key resistance level and key support level so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.



In 1 Hour Chart :- GbpUsd was trading in the equidistant channel lines and now it was trading near upper channel line and its was trading below the resistance level of horizontal line and its was trading in the sideways movement so we can sell near the intraday resistance level and except upto next key support level :- which we have shown in attached image.

[wasim345]

the daily candlestick closure below 1.4910 hinders further bearish trend and enhance the bullish side of the market toward 1.4950. according to the daily time frame, GBP/USD pair is enhancing the bullish side of the market.
parabolic SAR and moving average are also representing that market will move into bullish trend and this continuation is also expected even today from 1.4910 to 1.4950.

Buy: 1.4910, take profit 1.4950, stop loss 1.4880.

[Gamabunta]

Pair of sterling against the dollar, conducted a test of the 1.5000 level which is the resistance now after already broken, and as long as the price is below the level of 1.5085, we continue tipping the downward trend in the coming period, and that the next main objective resides at 1.4885, with reference to the SMA 50 supports the wave descending proposed.

Now, we prefer to stand on the sidelines in order to observe the pair for pivotal levels whose support 1.4885 and resistance 1.5085, waiting for a breakthrough, one to determine the point of the following price more accurately, with reference to the break of this support will push the pair to the 1.4564 target the next major, while represents a breakthrough key resistance positive first rookie to restore the main trend, which targets start at 1.5405 and extend to 1.5605.

[Gamabunta]

Pair of sterling against the dollar, conducted a test of the 1.5000 level which is the resistance now after already broken, and as long as the price is below the level of 1.5085, we continue tipping the downward trend in the coming period, and that the next main objective resides at 1.4885, with reference to the SMA 50 supports the wave descending proposed.

GBP fluctuate against the dollar near pivotal support 1.4885, and as we pointed out in the morning, the price needs to skip a pivotal levels that are mentioned support and 1.5085 resistance to determine the next destination, more precisely, which makes us continue to neutral so far.

[CentreForex]

Gbp/Usd : 18/12/2015 Technical Analysis Report From Centreforex
Our Preference: Buy Above 1.4880 for the target 1.4970 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was tested the strong lower trend line and its tested the key support level so we can buy near support level and except next key resistance level:- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was broken the equidistant lower channel line and tested key support level so we can except on buying side from key support level of horizontal line upto next resistance level:- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was trading in the triangle pattern now its trading near lower trend line and but it was trading below the key support level of horizontal line so we can sell near the support level of horizontal line with tight stoploss and except upto next key support level :- which we have shown in attached image.


---------- Post added at 05:18 PM ---------- Previous post was at 05:15 PM ----------


Our Preference: Buy Above 1.4880 for the target 1.4970 levels.
Alternative Scenario: Nill

Technical Commentary :- In Daily Chart :- GbpUsd was tested the strong lower trend line and its tested the key support level so we can buy near support level and except next key resistance level:- which we have shown in attached image.



In 4 Hour Chart :- GbpUsd was broken the equidistant lower channel line and tested key support level so we can except on buying side from key support level of horizontal line upto next resistance level:- which we have shown in attached image.



In 1 Hour Chart :- GbpUsd was trading in the triangle pattern now its trading near lower trend line and but it was trading below the key support level of horizontal line so we can sell near the support level of horizontal line with tight stoploss and except upto next key support level :- which we have shown in attached image.