virtual Day GBPUSD
29-11-2013
DAY -OPEN 1.6340
DAY-HIGH 1.6383
DAY-LOW 1.6275
BY using pending orders
buy limit from 1.6180
sell limit from 1.6370
http://www8.0zz0.com/2013/11/29/18/634460723.png
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virtual Day GBPUSD
29-11-2013
DAY -OPEN 1.6340
DAY-HIGH 1.6383
DAY-LOW 1.6275
BY using pending orders
buy limit from 1.6180
sell limit from 1.6370
http://www8.0zz0.com/2013/11/29/18/634460723.png
on the pairs GBPUSD market time 00:23 at friday yesterday, I observed from chart that's the time frame on M5, M15, M30, H1, H4, M1, and D1 outline leads to more DOWN TREND condition, and the support resistance indicator is also R3=1.6403, R2=1.6385, R1=1.6359, Pivots=1.6341, S1=1.6315, S2=1.6297, S3=1.6271 with market price at 1.6369 so monday tomorrow I can recommend you to order SELL with TP=1.6339 and SL=1.6399
GBP/USD last week closed at 1.6367, weekly, monthly and daily charts are strong rising trend, expected next month and high, next week I choose bargain buy, buy near 1.6320, 1.6280 stop loss, profit, 1.6380, 16430
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http://s13.postimg.org/hkluvejxz/screenshot_4.png
GBPUSD next week should achieve a reduction in the 1.6285 area but if not achieved would rally back towards 1.6403 is expected.
obviously feels that this day is solace bullish cost motion and instrument belike inalterable until the succeeding day. despite drop but present not overstep 1.6142 and R2 in the orientation instrument act to proceed to enter the R3 at 1.6187. selection buy
keeps powering higher like a freight train. My bearish view is shaking already and my short setup with stops above 1.6260 turned to dust. I still have a short on cable which is suffering badly , the only reason i still keep it is to watch the behavior around the year high at 1.6380. The long term trend line since 2009 has been broken and further gains to upside are probable. On the short term it needs to overcome the 1.6380 high. Resistance levels start from 1.6380 then 1.6610 and 1.6750. Support from 1.6315 then 1.6260. Hard to see the rate reaching higher resistance levels without any meaningful correction , but you can’t fight the market will. Strategy ahead- neutral , waiting for more information.
plain feels that this day is plant bullish value move and testament probably lastly until the incoming day. despite reproval but give not surpass 1.6142 and R2 in the line gift hold to sustain to fathom the R3 at 1.6187. suffrage buy
http://s13.postimg.org/pvlwru0l3/screenshot_7.png
GBPUSD will munuju to 1.6446 level if achieved will form a harami back down at 1.6385 if the position of the lowest fall continues to experience.
analysis for today 12 / 2 / 2013
My daily trading,I hope the day is a success ...
GBP/USD (Daily Trade)
Resistance : R1 1.6444 R2 1.6469 R3 1.6489 R4 1.6519
Support : S1 1.6366 S2 1.6341 S3 1.6321 S4 1.6291
Open : 1.6369
High : 1.6441
Low : 1.6369
Range : 72 Pips
Running Price : 1.6433
For intraday trade today suggest BUY at the level 1.6433 stop loss at the level 1.6366 target take profit at the level 1.6489 or at the level 1.6519