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GBP/USD is trading above the 50, 100, and 200 Simple Moving Averages – a bullish sign. On the other hand, momentum has turned negative, albeit only just. All in all, the picture remains positive for the currency pair.
Resistance awaits at 1.2525, which has bee the high point earlier this week. The next level to watch is 1.2585, which held GBP/USD down in mid-July. Further above, we find 1.2645, which provided support back in June.
Support awaits at 1.2440, which provided support this week. It is followed by 1.2390, which worked as support and also as resistance – a separator of ranges. Further down, 1.2310 capped cable in August. It is followed by 1.2280, that was a swing low in mid-August.
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Gbp/Usd trend is strong buy
Current price is :1.2485
Today,s Resistance and Supporting level
1:Resistance :1.2505
2:Resistance :1.2525
3:Resistance :1.2545
1:Supporting :1.2465
2:Supporting :1.2445
3:Supporting :1.2425
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Gbp/Usd trend is strong buy
Current price is :1.2484
Today,s Resistance and Supporting level
1:Resistance :1.2500
2:Resistance :1.2521
3:Resistance :1.2548
1:Supporting :1.2467
2:Supporting :1.2449
3:Supporting :1.2420
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My technical analysis and express opinion about this pair..GBP/USD
They are used as the basis for most technical analysis. The pivot point is the point in which the market sentiment changes from bearish to bullish. Pivot point, support and resistance calculations are widely accepted as the simplest yet most effective trading strategy.
Parabolic indicators show BUY trend so set the take profit and stop lose with the Resistance and supporting level. GBP/USD is good trading pair and movement daily basic es so i give analysis about GBP/USD i am working on this pair and making good profit this is the profitable trading pair.
Pivot point,,,,,,1.2474
Open,,,,,,,1.2486
High Price,,,,,,1.2492
Low price,,,,,,1.2484
Resistance levels,,,,,
1 Resistance level<<< 1.2510
2 Resistance level<<< 1.2547
3 Resistance level<<< 1.2580
Supporting levels,,,,,,,
1 Supporting level<<< 1.2438
2 Supporting level<<< 1.2401
3 Supporting level<<< 1.2366
Keep trade with discipline and patience.
Remember Always trade in the direction of the current trend, because trend always your friend. Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading.
(Best of Luck)
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Fundamental and Technical Analysis of Gbp/Usd
i am watching some indicators en main jo es pair ka trend chal raha hai
wo buy main chal raha hai or ap log ese buy kr sakte hain stop lose or
take profit ke sath save trading kr sakta hain ,,,
these indicators best indicator so for in the trading history ,,
Indicator Signal
SMA 20 Buy
SMA 50 buy
SMA 100 Buy
MACD Buy
RSI (14) Buy
Stochastic Neutral
Simple Moving Average Buy
Technical Indicators - Oscillators Buy
Resistance and supporting level today
1.Resistance level :1.2754
2.Resistance level :1.2645
3.Resistance level :1.2532
1.Supporting level :1.2345
2.Supporting level :1.2241
3.Supporting level :1.2132
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it is a triangle configuration market should break either side acceleration should occur above 1.6068
or under 1.6020 limits
res2 1.6142
ex-high 1.6096
res1 1.6091
pivot 1.6045
sup1 1.5995
ex-low 1.6000
sup2 1.5949
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
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From 2012 through 2018, the British pound (GBR) has been worth $1.35 to $1.75 in U.S. dollars (USD). Some confusion exists as to why the British pound is consistently stronger than the U.S. dollar despite the United States having a stronger and more powerful economy than Great Britain or the United Kingdom.
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Currency pair is : gbp/usd
Trend is : sell
Resistance and supporting level
Resistance level
1 Resistance is: 1.2500
2 Resistance is: 1.2520
3 Resistance is: 1.2540
Supporting level
1 Supporting is: 1.2460
2 Supporting is: 1.2440
3 Supporting is: 1.2420
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Today Technical Analysis of Gbp/Usd
indicators show Trend
Moving average indicators: Buy
Parabolic indicators :Buy
Strong Resistance and Supporting Level today,s
Resistance level is:
1: Resistance level is : 1.2384
2: Resistance level is : 1.2270
3: Resistance level is : 1.2160
Supporting level is :
1: Supporting level is : 1.2065
2: Supporting level is : 1.1980
3: Supporting level is : 1.1864
