Gbp/Usd

Today 11/12/2013
Resistance and Support
R3: 1.6562
R2: 1.6499
R1: 1.6450
Pivots: 1.6396
S1: 1.6359
S2: 1.6301
S3: 1.6254

Date: 11-12-2013

indicators today : up
if price break up :1.6397
the pair will go to :1.6455
and then go to level :1.6495

GBPUSD 11-12-13
GBPUSD current rise should end around 1.6456 or 1.6469. Objectives of this downmove are 1.6421 or 1.6396. A rise above 1.6491 is again bullish.

Key Point 1.6489
Entry Point 1.6471
Trendline 1 1.6410
Trendline 2 1.6514

Support 1 1.6421
Support 2 1.6396
Resistance 1 1.6469
Resistance 2 1.6491

http://s30.postimg.org/qf59uw4u9/screenshot_162.png

Consolidation estimated GBP / USD 's rally from 1.6488 will bring another towards 58.8% projection of 1.6442 minor support below will bring deeper pull back. But the downside would try to reach 1.6374 support point may not be reached is very large because of the resistance 1.6466 so the rebound is possible in this case.

in 1h chart
today i will sell this pair from :1.6380
our stop loss today : 1.6447
half take profit for today :1.5310
and our take profit2 :1.6260

Fibonacci pivot point
Pair = GBPUSD
Resistance 3 = 1.6489
Resistance 2 = 1.6471
Resistance 1 = 1.6460
Pivot Point = 1.6442
Support 1 = 1.6424
Support 2 = 1.6413
Support 3 = 1.6395
Result this day Wednesday, December 11, 2013

Oops! is the only way to react for the recent price action. But then the price movement was as what we had indicated yesterday as quoted below. A minor support is expected near 1.6370 and with a failure of that we would expect further drop towards 1.6345 first and thyen possibly to 1.6315.

gbp/usd

pp=1.6375
r1=1.6382
r2=1.6388
r3=1.6395
s1=1.6369
s2=1.6362
s3=1.6356

date :11 december 2013

pair :gbpusd

daily high : 1.6464

S/R : 1.6455
B/S : 1.6446
pivot : 1.6441
B/S2: 1.6436

dailylow(0.0) : 1.6418


GOOD LUCK

Pair = GBPUSD
Camarilla pivot point
R4 = 1.6469
R3 = 1.6456
R2 = 1.6452
R1 = 1.6447
S1 = 1.6439
S2 = 1.6434
S3 = 1.6430
S4 = 1.6417
Wednesday, December 11, 2013