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GBP / USD daily charts in support of average system to maintain the objective trend, high resistance high GBP adjustment, is expected to rise through the continuation of the recent adjustment of £. From the map hour trend, GBP / USD around the average system formed repeatedly through, to keep short-term sideways turbulence rhythm, the pound operation concussion with position in the middle of sideways, expect sterling days shocks to adjust rhythm continues. Focus on supporting role along the pound sterling short-term is expected to short-term interval, callback support is expected to restart the medium-term rise. Short term support resistance of 1.6680,1.6820 1.6620,1.6580.
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GBP/USD
Four hour chart while continuing to maintain operation in the downlink channel, but after yesterday's decline in short-term and try for the substantial, short-term strength is still biased upward, while the top need to focus on 1.6685 of the price, if the uplink efforts effective breakthrough, it would need to change a way, only dilapidated uplink, failed to break through in order to continue to try a single empty, stop loss above 1.6715.
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Fibonacci pivot point calculation
Pair = gbp/usd
Date = Tuesday, February 25, 2014
Time frame = Daily
Resistance 3 = 1.6733
Resistance 2 = 1.6697
Resistance 1 = 1.6674
Pivot Point = 1.6637
Support 1 = 1.6601
Support 2 = 1.6578
Support 3 = 1.6541
I hope these daily calculation can be used to help your forex trading
use it wisely and hopefully useful.
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Pivot point calculation
Day = Tuesday
Date = February 25. 2014
Pair = gbp/usd
Time Frame = Daily forex
Resistance 3 = 1.6789
Resistance 2 = 1.6733
Resistance 1 = 1.6693
Pivot Point = 1.6637
Support 1 = 1.6597
Support 2 = 1.6541
Support 3 = 1.6501
This calculation can be used as a guide price action forex trading today.
I just give you the information and do not impose to use this price calculation.
Good luck.
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Camarilla pivot point is the calculation that you can use in forex trading.
Time frame = Daily
Date = Tuesday, february 25. 2014
Pair = gbp/usd
R4 = 1.6705
R3 = 1.6678
R2 = 1.6670
R1 = 1.6661
S1 = 1.6643
S2 = 1.6634
S3 = 1.6626
S4 = 1.6599
good luck.
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Woodie's pivot point calculation
time frame = Daily
pair = gbp/usd
Date = February 25. 2014
Resistance 2 = 1.6737
Resistance 1 = 1.6700
Pivot point = 1.6641
Support 1 = 1.6604
Support 2 = 1.6545
hopefully can help your trading
good luck.
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date :25 february 2014
pair: gbpusd
the pair in up trend
macd(8.17.9):0.000
stoch(8.3.3):88.509
price: 1.6682
our target1: 1.6782
our target2: 1.6982
good luck
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GBP/USD 2 / 25 / 2014
Resistance 3 1,6775
Resistance 2 1,6745
Resistance 1 1,6725
Pivot Point 1,6653
Support 1 1,6590
Support 2 1,6570
Support 3 1,6540
BUY STOP 1,6725 STOP LOSS 1,6590 TAKE PROFIT 1,6745 OR 1,6775
SELL STOP 1,6590 STOP LOSS 1,6725 TAKE PROFIT 1,6570 OR 1,6540
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Trading Signal - 25/2/2014 - 10:00 GMT+2
Instrument: GBP/USD
60min CHART
Upwards Weak
Waiting for the upward break of 1.6680 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 1.6590 would cancel the bullish scenario.
Support & Resistances
1.6590 1.6850
1.6500 1.6900
1.6450 1.6950
http://dl.dropbox.com/u/51561036/scr...225-213629.jpg
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http://charts.mql5.com/3/996/gbpusd-...orex-group.png
In my analysis I use :
- SHI_CHANNEL_MTF
- STOCHASTIC (5.3.3)
- 1.6725 resistance (as shown in news)
in 4hours frame
the GBP / USD continues to go higher supported by the postive signal coming from the Stochastic in 4hours frame we expect more bullish trend for today If the price breaches the 1.6725 resistance ( as shown in news ).thank you and good luck.
