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The British pound itself looks rather strong, and has done quite well against many of the other currencies around the world, so of course the US dollar will be too different. However, recognize the fact that the US dollar has been doing better than some other currencies out there, so therefore this breakout may take a little bit longer than anticipated. A pullback here could be a buying opportunity, but sooner or later the market has to make some type of longer-term decision.
Gbp/usd analysis for 10.25.2013 by using pivot indicator.
r3: 1.6321
r2: 1.6273
r1: 1.6235
pivot: 1.6187
s1: 1.6149
s2: 1.6101
s3: 1.6063
MARKET TREND IS BUY
Pivot Points:1.3079
Supporting level 1:1.3069
Supporting level 2:1.3055
Supporting level 3:1.3044
Resistance level 1:1.3093
Resistance level 2:1.3103
Resistance level 3:1.3118
GBP/USD soon cross the price 1.3200 once again
so resistance level today is 1.3217 if break this then go strong up today once again and other way strong supporting level today is 1.3157 i hope today again cross the price 1.3200$ if break then market close up side
hellow my dear all mumber and my dear sir today of my tachncal analysis is (gbpusd) buy to bullish trend strongly and time frame H1 and H4 moving average my indicator RSI (14) and stochastic oscillator (5,3,3) buy
and daily support or resistance levels for this pairs
up sait strongly
1 Resistance level 1/3187
2 Resistance level 1/3174
3 Resistance level 1/3141
down sait strongly
1 Supportind level 1/3046
2 Supporting level 1/3032
3 Supporting level 1/3010
During the last trading session, the GBP / USD currency pair managed to pass in the north direction 82 points (1.3049 - 1.3131), but rebounded from the upper border of the downward channel on the H4 chart. Today, the pair has already overcome the resistance level of 1.3082 and is striving for the resistance level of 1.3116, but indicators at this time still hint at the possibility of selling the pair today to support levels of 1.3034 and 1.3000.
For the pound / dollar pair, the key levels on the H1 scale are: 1.3189, 1.3123, 1.3088, 1.3027, 1.2984, 1.2959, 1.2924 and 1.2876. Here, the price has entered an equilibrium state. Continuation to the bottom is possible after breakdown of the level of 1.3027. In this case, the first target is 1.2984. Short-term downward movement is expected in the range of 1.2984 - 1.2959. The breakdown of the latter value will lead to the movement to the level of 1.2924, wherein we expect a consolidation near this value. For the potential value for the bottom, we consider the level of 1.2876, from which we expect the departure of a correction.
Buy: 1.3090 Take profit: 1.3120 Buy: 1.3124 Take profit: 1.3187 Sell: 1.3025 Take profit: 1.2987 Sell: 1.2984 Take profit: 1.2960
Today's Discussion for Gbp Usd.
Last week this pair made bullish trend but gbp usd having some difficulties on break Resistance line which is around 1.3125 and this is pair is s failed 4 times to break that level.
Indectors Summary,
Parabolic sar= positive.
Stoshtic oscillator= negative.
Trade Setup.
As gbp usd failed to break Resistance level so sell now for target around minor support.
Support and Resistance and explanations on my chart.
GBPUSD TODAY ANALYSIS
MARKET TREND BULLISH
PIVOT POINT 1.3083
Support 1 1.3034
Support 2 1.3009
Support 3 1.2918
Resistance 1 1.3117
Resistance 2 1.3165
Resistance 3 1.3248
critical and accurate analysis of gbp/usd by observing the market
today market is looked bullish
current trade is on 1.309
resistance level are
r1>>> 1.31
r2>>>1.315
r3>>>`1.32
supporting level are
s1>>>>1.29
s2 >>1.285
s3>>>1.275
all trade is done