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GBP/USD has tackled the 50 Simple Moving Average on the four-hour chart which coincides with the 1.2480 which was a swing low in early July – critical resistance. Further up, 1.2510 is where the 100 SMA meets the chart, and 1.2560 was a peak earlier this month.
Support awaits at 1.2440 which provided support in mid-July and also earlier this year. It is followed by the recent swing low of 1.2420 and by the 2019 low of 1.2380 recorded last week.
Downside momentum is waning and the Relative Strength Index is moving up – both positive signs. Nevertheless, the pair is capped by critical SMAs, as mentioned earlier.
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Dear Indian Forex member
Daily Gbp-Usd fundamental and technical analysis
Forex Market Main ajj fibionicci pivot point 93.1% par hai jiss say ye maloom ho raha hai
k ajj market me taazi anay wali hai
traders ke liya zarori hai ke sport or resistence ko follow karen
or market me sell yani nechey ki janab trade ko open kar lain sab
indicator market nechay ki janab he janay ka eshara day rahain hain
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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
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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
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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
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GBPUSD analysis
S3: 1.2466
S2: 1.2476
S1: 1.248
P: 1.2486
R1: 1.249
R2: 1.2496
R3: 1.2506
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Hi dear gbp/usa dosra bada pari hay jiss say app loog benifit lay saktay hain dear yeh aik acha pari hay jiss main app ko zayada up ya down ka koi khatra nahi hota iss liya app loog iss pair ko asani say eur usd kay sath use kar sakaty hain iss liya dear app iss pair main trade karain or iss kay liya mahnat karian .
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GBPUSD analysis
S3: 1.2466
S2: 1.2476
S1: 1.248
P: 1.2486
R1: 1.249
R2: 1.2496
R3: 1.2506
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Forex Forecast with price level
GBP/USD - pair in focus.
Current Price - 1.2446
main support level - 1.2346
main resistance level - 1.2538
Pair likely to be in Sell today.
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Gbp/usd
According to the markeet trend .It is recomended that markeet has going to the bullish trend in my analyses .it seems here is option of sell .
Looking strategy h4 show us down position .so be carefull from this position .rate is . . 1.2592
Movemint can show us strong bearish after short term.thanks . . .good luck .