Gbp/Usd

in 1h chart
the pair trade in down trend
my entry price is : 1.6423
i see the pair will go down to 1st tp : 1.6400
2nd tp : 1.6365
3rd tp : 1.6330
good luck :peace:

virtual Day GBPUSD
10-12-2013
DAY -OPEN 1.6428

DAY-HIGH 1.6465

DAY-LOW 1.6322

BY using pending orders

buy limit from 1.6300

sell limit from 1.6480
http://www11.0zz0.com/2013/12/10/17/499232382.png

price now: 1.6428
sell price @ 1.6422
profit in pips :-6
stop loss :1.6435
Resistance 1: 1.6449
Resistance 2: 1.6462
support 1: 1.6340
support 2: 1.6327

By using moving 25,50,100,200

the pair close down moving

so i expect the pair will go t moving to down

so sell from 1.6436

sl: 1.6465

tp: 1.6335

the pair broke the up trend to down way in 1h chart

MACD and RSI refer to down way

our position short sell at :1.6448

our 1st target :1.6400

2nd target :1.6355

today i like to buy this pair @ 1.6430
my stop loss of the day @ 1.6400
half take profit for today @ 1.6465
and further half take profit @1.6495

date : 10 December 2013
the pair try go up the area at 1.6445
until the level at 1.6475
key support at 1.6480
then we can see the level at 1.6550

http://s28.postimg.org/o6nx9fx25/gbpusdh1.png

Due to H1 chart, this pair is still potential increase and enter the high value at 1.6476 - 1.6510. However, if the price moving down and breakout barrier 1.6420 then the value would be migrate to low position at 1.6330 - 1.6364.

Pair : gbp-usd
Updated : 10 dec
movement: 0.03%
Support : 1.6284
Pivot : 1.6460
Resistance: 1.6509
sell from: 1.6447
target: 1.6410
stop loss: 1.6480

hi

i see the pair go up

so i will buy from :1.6443
my stop loss 45 pips
my profit1: 1.6498
my profit2: 1.6560
good luck