The stochastic oscillator is in a overbought condition on the M30 time frame tha's why I think that we can sell with take profit at 1.6240.
http://i.imgur.com/28aU2fd.png
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The stochastic oscillator is in a overbought condition on the M30 time frame tha's why I think that we can sell with take profit at 1.6240.
http://i.imgur.com/28aU2fd.png
Trading analysis for dated 16th September, 2014. In Daily chart GBPUSD shows bearish trend. At present GBPUSD below from the pivot point and try to break 1st support level. If 1st support level breaks then next strong support level is 1.61197.
Pivot: 1.62422
Resistance levels
R1 1.62648
R2 1.62981
R3 1.63207
R4 1.63433
Support levels
S1 1.62089
S2 1.61863
S3 1.61530
S4 1.61197
Attachment 11600
I don't think that the price will can break the support level at 1.6157 that's why I think that we can put a buy limit order there, with targets up to 1.6219 and 1.6245.
http://i.imgur.com/p8XEnQZ.png
pair- gbp/usd
chart analysis time frame- m15
http://i57.tinypic.com/2jeaur.jpg
the macd indicator is giving up trend signal but the rsi indicator is showing overbought. the price is also up from the support at 1.6170 level with parabolic sar signal. this up movement may rejecting from the pivot point 1.6243 level. hold the long entry with stop loss at 1.6200
good luck
cci(14) : 82.48
bulls (13) :0.003
i see the in pair up trend
so i will buy from :1.6261
and my target today is : 1.6361
and target 2 today is : 1.6561
good luck
Trading analysis for dated 17th September, 2014. In Daily chart GBPUSD shows bullish trend. At present GBPUSD above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 1.65743.
Pivot: 1.62490
Resistance levels
R1 1.63370
R2 1.63982
R3 1.64862
R4 1.65743
Support levels
S1 1.61878
S2 1.60998
S3 1.60386
S4 1.59775
Attachment 11634
cci(14) : 7.027
bulls (13) : 0.000
i see the in pair up trend
so i will buy from : 1.6258
and my target today is : 1.6358
and target 2 today is : 1.6558
good luck
pair- gbp/usd
chart analysis time frame- m15
http://i62.tinypic.com/abnj2t.jpg
the price has been break the daily resistance at 1.6338 level and moving up but now the rsi indicator is showing overbought so some correction can expected. hold the long entry with take profit at 1.6400 and stop loss at 1.6335
good luck
we can see in the 1d chart
the pair will go up to fibo 50.0
I see the pair will go to up way to 1.6571
stochastic refers that the pair will go up
so our target buy from 1.6371 and our target will 200pips
18.09.2014 7:07 GBPUSD
In the near future, a significant increase in the volatility of the pound is likely to occur
Sell on a level breakthrough of 1.6062 with 1.5877 target. Stop loss = 1.6150.
Reason for the trading strategy.
The outcome of the vote for Scotland's independence in today's referendum is now difficult to predict, against the background of recent public reports showing equality between the supporters and the opponents of Scotland's integration with Britain. Certainly, in the case of separation of one-third of the UK's territory, total sales of the British assets can be expected, primarily sales of the Foggy Albion government bonds. In the medium term, the pound could fall to the 1.5877 and 1.5500 marks.
GBPUSD, Daily
https://www.exness.com/media/2014/09/18/3.png