GBP/USD Today Analysis
Market trend is SELL
PIVOT POINT ;1.3011
Support 1;1.2998
Support 2;1.2986
Support 3;1.2973
Resistance 1;1.3024
Resistance 2;1.3036
Resistance 3;1.3049
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GBP/USD Today Analysis
Market trend is SELL
PIVOT POINT ;1.3011
Support 1;1.2998
Support 2;1.2986
Support 3;1.2973
Resistance 1;1.3024
Resistance 2;1.3036
Resistance 3;1.3049
Now the price of the pair is 1.3120. If the pair succeeds today to finally consolidate above the daily resistance level - 1.3108 - its targets in the north will be - 1.3145 (local resistance level on H1) and - 1.3174 (daily resistance level) .If the price cannot hold above - 1.3108 - its possible southern targets for today - 1.3094 - 1.3067 - 1.3053. If the daily support level is broken through - 1.3053 - the price can go to the 29th figure.
today's market technical over view for gbp/usd
according to market technical analysis the market have buy trend
the market trend could remain in this position
expected resistance and support levels
market price ----------1.3004
1- Resistance level----------1.3042
2- Resistance level----------1.3097
3- Resistance level----------1.3135
1- Support level-------------1.2949
2- Support level-------------1.2911
3- Support level-------------1.2856
This pair gbp/usd
Technical analysis of today is strong bearish
Pivot Point. 1.3025
Current Price. 1.3006
Resistance level
1st. 1.3020
2nd. 1.3040
3rd. 1.3060
Supporting level
1st. 1.2980
2nd. 1.2950
3rd. 1.2920
Gbp/usd acha pair hai eis mein earning krna kafi difficult hoti hai kyun k eis pair ki market easily
samjh nahi ati eis tarah eis pair mein loss honey k ziyada chances hotey hain eis
GBP against the dollar shows more sideway trading also shows the image, where he faces the price of this range ceiling, which resides at 1.3290, as long as the price is below this level, the opportunities still exist for continued bearish bias in the coming period, supported by the negative sign provided by the index, which Stochastic now.
So, we are waiting for a negative start trading goals with the breach of 1.3060 to facilitate the task of price movement towards 1.2860 and then 1.2825 levels, with a reminder that the breach of 1.3290 will lead the price of attempts to start the recovery objectives at 1.3470.
Gbp/usd acha pair hai eis mein earning krna kafi difficult hoti hai kyun k eis pair ki market easily
samjh nahi ati eis tarah eis pair mein loss honey k ziyada chances hotey hain eis ka trend down
hota jaa raha hai
Gbp/Usd is sell.
Resistance 1.3052
Resistance 1.3087
Resistance 1.3112
Support 1.2997
Support 1.2985
Support 1.2975
Pivotal Points: 1.3022
Resistance 3: 1.3152
Resistance 2: 1.3115
Resistance 1: 1.3059
Support 1: 1.2966
Support 2: 1.2929
Support 3: 1.2873
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.