Gbp/Usd

GBP/USD Today Analysis

Market Trend BULLISH


Resistance 1;1.3028

Resistance 2 ;1.3045

Resistance 3 ;1.3065

Support 1 ;1.3005

Support 2 ;1.2986

Support 3;1.2970

Gbp/usd
Today live rate is 1.30234
By searching all previous results of charts
i suggest that
the buying rate will be 1.30643
and selling rate will be 1.30002
.
Good luck

The British Pound (GBP) is trading near 1.3100 versus the US Dollar (USD) while heading into London open on Friday. The GBP/USD pair has been positive since the start and is at the intra-day high during the press time as buyers cheer recent Brexit developments signalling an end to Brexit deadlock. However, the all-important employment data from the US is still left pending for release and becomes crucial for markets.

Ever since the UK PM Theresa May joined hands with the opposition Labour party to move forward on the Brexit task, there has been a marked improvement in the pace of supportive political efforts.

As reported by the Daily Mail, joint discussions between the UK PM May and the opposition Labour party head Jeremy Corbyn are likely to deliver a formal request to the EU relating to the extension of the April 12 Brexit deadline. On the other hand, the BBC recently reported that the European Council President Donald Tusk is proposing to offer the UK a 12-month "flexible" extension to its Brexit date.

Additionally, investors also took advantage of the USD pullback due to market risk-on based upon the likelihood of the US-China trade deal.

The US 10-year treasury yield, a barometer of the market risk-on, advanced 2 basis points to 2.531% during early-day moves.

Other than the Brexit developments, March month employment details from the US will also be crucial for the GBP/USD pair. The jobs report registered a disappointing 20K figure for the headline non-farm payrolls (NFP) during February month. The same NFP figure bears market consensus to print 180K mark whereas the average hourly earnings and the unemployment rate are both expected to remain intact at 3.4% and 3.8% respectively.

GBP/USD Technical Analysis

Other than a week-long ascending trend-line support at 1.3070, the GBP/USD pair may also find strong downside back from 200-day simple moving average (SMA) figure of 1.2980. Though, 1.3000 round-figure may offer an intermediate halt.

On the contrary, 50-day SMA level of 1.3100 and a three-week-old downward sloping trend-line near 1.3195 – 1.3200 could limit the quote’s near-term upside.

Right now the audcad rate 1.3018
Today the suitable selling point will be 1.2918
And today the most suitable buying point is 1.3118
Good luck

Daily analysis of currency pair is :Gbp/Usd
today currency trend is : sell

Resistance and Supporting level is :

Current price is: 1.3033

1> Resistance Level is :1.3045
2>Resistance Level is : 1.3058
3>Resistance Level is:1.3071

Daily supporting level

1> Supporting Level is : 1.3020
2>Supporting Level is: 1.3008
3>Supporting Level is: 1.2995

Support and Resistance levels is :

Support 1:1.3058
Support 2:1.3016
Support 3:1.3072

Resistance 1:1.3144
Resistance 2:1.3188
Resistance 3:1.3130

Technical analysis of GBP/USD is bearish:

Resistance price and Supporting price :

Resistance price is :

Resistance level 1:1.3060
Resistance level 2:1.3080
Resistance level 3:1.3120

Supporting price is :

Supporting level 1:1.3030
Supporting level 2:1.3011
Supporting level 3:1.2990

Today technical analysis of Gbp/Usd

Moving Average:sell
Parabolic SAR:sell


Resistance and supporting level is:

Current Price is :1.3036
Resistance level first: 1.3052
Resistance level 2nd : 1.3064
Resistance level 3rd: 1.3075

Supporting level first: 1.3025
Supporting level 2nd: 1.3013
Supporting level 3rd: 1.3001

So, having failed to overcome the upper limit of the downward trading channel on the H4 chart yesterday, the GBP / USD currency pair moved 130 points southward (1.3189 - 1.3059). At the moment, the pair is in the zone between the resistance levels of 1.3106 and 1.3153 and the support levels of 1.3023 and 1.2976. Indicators are now hinting at the possibility of further selling the pair to support levels.

Gbp usd
Crunt rate of this pair . . . . . . 1.3032
Trend is . . . . . . . . . . . . . . bullish
Position is . . . . . . . . . . . . . buy
Resistance level
1 . . . . . . . . . . . . . . . . . . 1.3042
2 . . . . . . . . . . . . . . . . . . 1.3058
3 . . . . . . . . . . . . . . . . . . 1.3072
Support level
1 . . . . . . . . . . . . . . . . . . . 1.3025
2 . . . . . . . . . . . . . . . . . . . 1.3015
3 . . . . . . . . . . . . . . . . . . . 1.3005
It has just a thinking mood now . . . .