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gbp/usd
Trading opinion for the best profitable trade: Open buy
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level
1 Resistance : 1.3230
2 Resistance : 1.3260
3 Resistance : 1.3290
Supporting level
1 Supporting : 1.3180
2 Supporting : 1.3160
3 Supporting : 1.3130
trend Gbp/Usd currently Clean buy mai hai aur apky leye suggest krnga k ap further study kary trend ko aur phir trade kary.
Support and resistance level are given below ↓↑↓
| Resistance 1: 1.3215
| Resistance 2: 1.3234
| Resistance 3: 1.3253
| Support 1: 1.3167
| Support 2: 1.3146
| Support 3: 1.3163
Aur hamisha low risk low lot size k sath trading kary.
Analysis for trading do check and enjoy
Support 1 1.3186
Support 2 1.3183
Support 3 1.3179
Resistance 1 1.3194
Resistance 2 1.3199
Resistance 3 1.3202
Pivot Point is 1.3191
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency.
GBPUSD Today Analysis
Market Trend BEARISH
PIVOT POINT 1.3206
Support 1 1.3144
Support 2 1.3104
Support 3 1.3001
Resistance 1 1.3247
Resistance 2 1.3309
Resistance 3 1.3411
Yesterday shorts are in line with the position at 1.6142 and TP 1.5980 So you can take your partial profits or let your position with breakeven +50 and wait for price to break 1.5980 and then move the stops to +100 and close the rest at 1.5880
regards
It’s useless to sell pounds after two Fractal Zigzag patterns had been formed. They have already been tested from the upside. Those who managed to open buy trades, keep them open and don’t even think about fixing profits. The pound is above the current contracts balance and even above the previous contracts’ balance. Since the second Fractal Zigzag pattern has been formed, we can start buying at any levels. Seize the opportunity to gain profits!
"Hello dear (indian-forex) members of this great community, :) Today I want to share with you my intraday analysis of GBP/USD. :)))
GBP/USD is Strong Sell according to four-hour chart. RSI(14)'s value is (37.868), STOCH(9,6)'s value is (56.41) and STOCHRSI(14)'s value is (0).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.3174
Support 1: 1.3149
Support 2: 1.3134
Support 3: 1.3109
Resistance 1: 1.3189
Resistance 2: 1.3214
Resistance 3: 1.3229
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! :happy: :peace:"
My own analysis For this pair GBP/USD
Pivot Point is 1.3194
Support 1 1.3118
Support 2 1.3077
Support 3 1.2960
Resistance 1 1.3235
Resistance 2 1.3311
Resistance 3 1.3428
Trade at your own risk
If this support cluster holds, the currency exchange rate will aim for the upper boundary of the given channel at 0.6937 during the following sessions.
However, the monthly R3 at 0.6897 could prevent this move from happening today.
Pair resumed trading lower on yesterday's trading session after the pair confirmed that the range of 1.6240 as resistance then the pair traded down to 1.6160. Momentum biased and twisted in the morning session today is bearish, which alert when the pair traded down below 1.6160 and confirming it as the Resistance, then the pair will continue to potentially traded down to the range of 1.61 - 1.60. Conversely, if the range of 1.6160 as the pair confirmed the Support then the pair will again traded back up to 1.6250 range.
GBPUSD has traded with a range of 10 points, which is 12% of Average Range 84 points where the pair traded higher by +0.01% +0.01% High and Low -0.05% from yesterday's closing.
Intraday resistance at 1.6250
Intraday support 1.6160 - 1.61 - 1.60