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GBP/USD 4 / 4 / 2014
Resistance 3 1,6715
Resistance 2 1,6685
Resistance 1 1,6665
Pivot Point 1,6596
Support 1 1,6517
Support 2 1,6497
Support 3 1,6467
BUY STOP 1,6665 STOP LOSS 1,6517 TAKE PROFIT 1,6685
SELL STOP 1,6517 STOP LOSS 1,6665 TAKE PROFIT 1,6497
GBP / USD - day chart display, RSI index in 50 near the lower line, technical index of MACD (12, 26, 9) signal line and the main line on 0 axis near the cross, the short term, GBP / USD or will be steady shock. GBP / USD currently support at 1.6538, stronger support in 1.6497, above the resistance at 1.6591, stronger resistance in 1.6632.
analysis for today 4 / 7 / 2014
GBP/USD
Resistance : R1 1.6645 R2 1.6670 R3 1.6690 R4 1.6720
Support : S1 1.6506 S2 1.6481 S3 1.6461 S4 1.6431
Open : 1.6576
High : 1.6581
Low : 1.6570
Range : 11 Pips
Running Price : 1.6572
Strategy : SELL at the level 1.6572 stop loss at the level 1.6645 target take profit at the level 1.6461 or at the level 1.6431
GBPUSD has been rejected by the support level at 1.6568. Then, because of that rejection, I think GBPUSD will rebound and goes up to the resistance level at 1.6595. But if GBPUSD can fall and break 1.6568 support level, this pair will continue falling to the next support level at 1.6545.
GBP/USD (a 4-hour chart)
7 April 2014
The continued price consolidation at the resistance level 1.6600 was the signal for the price rebound down. The reducing of the British pound versus the U.S. dollar was going at increased volume, but very few sellers could get to the next support level 1.6555.
The first support is 1.6555, the next one is 1.6500. The resistance is at 1.6600.
Trading recommendations
The pair is descending. The first target is 1.6555. The second target is 16500.
http://dl.dropbox.com/u/51561036/scr...407-231049.jpg
GBP/USD 4 / 7 / 2014
Resistance 3 1,6700
Resistance 2 1,6670
Resistance 1 1,6650
Pivot Point 1,6576
Support 1 1,6501
Support 2 1,6481
Support 3 1,6451
BUY STOP 1,6650 STOP LOSS 1,6501 TAKE PROFIT 1,6670
SELL STOP 1,6501 STOP LOSS 1,6650 TAKE PROFIT 1,6481
On the map the pound against the dollar in shock 55 near the moving average, MACD overall in the 0 axis below, KD index in the axis near the shock, short-term trend is weak, above the resistance on 1.6600, 1.6630, 1.6630 days, the operation to sell mainly, below the target of 1.6530
analysis for today 4 / 8 / 2014
GBP/USD
Resistance : R1 1.6678 R2 1.6703 R3 1.6723 R4 1.6753
Support : S1 1.6545 S2 1.6520 S3 1.6500 S4 1.6470
Open : 1.6606
High : 1.6620
Low : 1.6603
Range : 17 Pips
Running Price : 1.6618
Strategy : SELL at the level 1.6618 stop loss at the level 1.6678 target take profit at the level 1.6500 or at the level 1.6470
the gbp/usd into the same choice, once again back into the 1.6550 support, key resistance at the 1.6630, buy 1.6630 breaking operation on the proposal, the target for 1.6650, 1.6700, 1.6770, if the market price is again broken 1.6560 will directly enter the down trend, can work with follow up sell, prudent operation;
GBPUSD has broken the resistance level at 1.6604. Although the breaking is not too strong, but basically GBPUSD has a potential to go up higher today and I think this pair is possible to reach the next resistance level at around 1.6643 or even higher.