Gbp/Usd

GBPUSD last week closed big line, expected short-term rebound will fall further, short on high short, resistance 1.6080, 1.6120, 1.6080 short, stop 1.6130, look to the 1.5980 target

Data Tipe = Pivot Point
Pair= GBPUSD
Time Frame = Dayly / 2013.10.07

Resistance 3 = 1.6294
Resistance 2 = 1.6235
Resistance 1 = 1.6122
Pivot Point = 1.6063
Support 1 = 1.595
Support 2 = 1.5891
Support 3 = 1.5778

This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement.
I am not responsible for any errors that occur because the only information from the previous calculation

Trading Signal - 7/10/2013 - 10:00 GMT+3
Instrument: GBP/USD
60min CHART Downwards Strong
·
The market is testing support at 1.6000. We are waiting to see reversal signals in order to reinstate LONG positions. Next
important support the 1.5950 level.
The TP2 (1.6010) has been reached. We closed the remaining 50% of our position and now we are looking for the next
opportunity to enter the market.

http://dl.dropbox.com/u/51561036/scr...007-164436.jpg

GBP/USD pair price already touched daily pivot point (1.60633). Now the price try to move down ward. I think the price may touch Fibonacci 0.0 level.

http://i1311.photobucket.com/albums/...psb107c2cf.jpg

awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
down signal tp:30 pip
loss:20 pip

Of observations by the method of technical analysis I have seen of the currency pairs Gbp/Usd and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 1.6067 and there is support and resistance on the
- R3 : 1.6297
- R2 : 1.6238
- R1 : 1.6125
- Pivots : 1.6066
- S1 : 1.5953
- S2 : 1.5894
- S3 : 1.5781

besides Stochastic indicator shows the position of point 75 so that then I highly recommend you to open position SELL with
Take Profit is equal to 1.6047 as well as Stop Loss at point 1.6087
so that the target pips for today I think is at 60 pips

GBP/USD is higher on profit taking, forming a gap to the upside on the charts.The 20 DMA is 1.5999, the 50 DMA is 1.5696 and the 200 DMA is 1.5481. RSI (14) reads 52.24. Supports are ascending from 1.5942, 1.5955, 1.5980, 1.5999 and 1.6038. Spot is currently 1.6086 while resistances are 1.6135, 1.6153 and 1.6179.

today i like to buy this pair @ 1.6056
my stop loss of the day @ 1.6027
half take profit for today @ 1.6086
and further half take profit @ 1.6110

http://charts.mql5.com/2/701/gbpusd-...orex-group.png



we can see in the 1w chart
the pair trading down the 38.2
I see the pair will go to down way to 1.5662
stochastic refers that the pair will go down
so our target sell from 1.8087 and our target will 425pips
Good luck

the market time at 02:58 on currency pairs GBPUSD I have predicted that there is a signal BUY in the time frame H1
because I was referring to the indicator fibbonaci and pivot indicator to see support and resistance at R3=1.6211, R2=1.6156, R1=1.6127, Pivots=1.6072, S1=1.6043, S2=1.5988, S3=1.5959
so I suggest to perform the requisite order BUY to
Take Profit 1.6025 and Stop Loss 1.5975
a target is likely to move by 50 pips