Gbp/Usd

market with two indicator adx wilder(14) & adx(14).the value of two diferrent indicator shows us that

adx wilder(14) level

style : 35.37
+di : 35.30
-di : 15.39

adx(14) level

adx : 33.37
+di : 18.61
-di : 13.08

timeframe : m15
time : 1100 gmt

Gbp/Usd
Today Market analysis and trend:sell

Indicators bhi market ke down hony ka bata rahe hain

Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye

GBPCAD’s another reversal from 1.7475-90 resistance-zone signal brighter chances of its pullback to the 38.2% Fibonacci retracement level of 1.7285, breaking which 1.7170 and the 200-day SMA level of 1.7125 can grab the limelight. Given the pair’s refrain to respect the 1.7125, the 1.7060 and the 1.7000 may flash on the Bears’ radar. If at all the pair registers a daily closing past-1.7490 then its surge to 1.7580 and to the 1.7665-70 can’t be denied. During the pair’s sustained advances above 1.7670, the 1.7760 and the 1.7800 may attract market attention.

My Technical Analysis

Currency Pair => Gbp/usd
Hour 4 Signals => Strong Sell

Support & Resistance levels:

Support Level 1 => 1.3020

Support Level 2 => 1.3003

Support Level 3 => 1.2987

Resistance Level 1 => 1.3028

Resistance Level 2 => 1.3037

Resistance Level 3 => 1.3054

NOTE: "This is my Own Analysis, You Should Always Trade with Low Risk".

Double bottom is about to form. We're waiting for the price complete the pattern and show signs of reversal. We'll take the trade after we see the failed breakout attempt Thank you for your suuport


1 Resistance is: 1.3015
2 Resistance is: 1.3028
3 Resistance is: 1.3041


1 Supporting is: 1.2991
2 Supporting is: 1.2977
3 Supporting is: 1.2963

Prices pushed down to support around the 1.1120 level, at which point a bit of grind began to develop. That grind held through the Friday open and prices began to tip-higher. This can keep the door open for a further retracement, targeting that prior zone of support for lower-high resistance.

GBPUSD remains in a downtrend with a test area on the SHI channel to 38.2 Fibo at 1.6103. Correction up to a maximum limit of 50.0 Fibo at 1.6125, then I vote to sell GU nearest target at 1.6069 and a target can be up to intermediate level open this week at 1.6020

The GBP/USD pair went higher during the session on Friday, stretching towards the 1.6250 level. This area is significant resistance, but at the end of the day. I need to see this pair break above the 1.63 handle on a daily close in order to buy-and-hold, as the market would go much higher. At that point, probably chasing the 1.65 level before it's all said and done. With that being the case, I feel this market could pullback in this general vicinity, but that simply will be a momentum building exercise as we try and breakout above what has been pretty stubborn resistance.

"Hello dear (indian-forex) members of this great community, :) Today I want to share with you my intraday analysis of GBP/USD. :)))

GBP/USD is Strong Sell according to four-hour chart. RSI(14)'s value is (32.476), STOCH(9,6)'s value is (35.694) and STOCHRSI(14)'s value is (0).

Let's have a look at today's Support and Resistance levels:

Pivot Point: 1.3003
Support 1: 1.298
Support 2: 1.2955
Support 3: 1.2932
Resistance 1: 1.3028
Resistance 2: 1.3051
Resistance 3: 1.3076

According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! :happy: :peace:"

Good day! We can see the pair beneath the day pivot’s level, as well as, the trend line with the main indicators showing a downtrend on the M30 chart. It’ll probably move towards the level of 1.3060 and then, I think it goes up from here towards 1.3125. The increase in volatility has already begun and flowed in the market.