Gbp/Usd

gbp/usd To day support and resistance date.19/12/2014
Resistance 1:1.5700
Resistance 2:1.5735
Resistance 3:1.5780
Power pivot:1.5680
Support 1:1.5665
Support 2:1.5630
Support 3:1.5600
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.

analysis for today 12 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 12 / 18 / 2014
OPEN 1.5574
HIGH 1.5677
LOW 1.5549
CLOSED 1.5669

The third resistance (R3) 1.5677 -( 1.5632 - 1.5549 = 0.0083 x 2 = 0.0165 )= 1.5842
The second Resistance (R2) 1.5632 + 1.5677 - 1.5549 = 1.5760
First resistance (R1) 1.5632 x 2 = 3.1263 - 1.5549 = 1.5714
pivot points 1.5677 + 1.5549 + 1.5669 = 4.6895 / 3 = 1.5632
Support for the first (S1) 1.5632 x 2 = 3.1263 - 1.5677 = 1.5586
Support second (S2) 1.5632 -( 1.5677 - 1.5549 = 0.0128 ) = 1.5504
Third Support (S3) 1.5549 -( 1.5677 - 1.5632 = 0.0045 x 2 = 0.0091 )= 1.5458

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analysis for today 12 / 19 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.5598
Retracement (50%) 1.5613
retracement (61,8%) 1.5628

Extensions (61.8%) 1.5470
Extensions (100.0%) 1.5421
Extensions (138.2%) 1.5372
Extensions (161.8%) 1.5342
calculation based on a Fibonacci retracement then today I choose sell

Trading Signal - 19/12/2014 - 10:00 (GMT +2)
Instrument: GBPUSD
Time : 60min CHART
Trend & Condition : Upwards Strong
A Medium probability, entry signal to go SHORT will be given with the downward break of 1.5600 after the market found
resistance at 1.5700. Only the upward break of 1.5700 would cancel the bearish scenario and take us LONG.
Support & Resistances
1.5540 1.5700
1.5460 1.5790
1.5350 1.5850
http://dl.dropbox.com/u/51561036/scr...219-221030.jpg

GBPUSD
Dec. 19, 2014, 08:53

Buy on a level breakthrough of 1.5676 with 1.5755 target. Stop loss = 1.5610.

Reason for the trading strategy

The November retail sales growth in the UK amounted to 6.5% with a forecast of 4.5% per annum. The data, which was noticeably better than the forecast, provided substantial support for the pound. In the short term, the pound is likely to test the 1.5755 level.

GBPUSD, H4

https://www.exness.com/media/media/2.../19/gbpusd.png

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analysis for today 12 / 22 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.5634
Retracement (50%) 1.5643
retracement (61,8%) 1.5652

Extensions (61.8%) 1.5558
Extensions (100.0%) 1.5529
Extensions (138.2%) 1.5500
Extensions (161.8%) 1.5482
calculation based on a Fibonacci retracement then today I choose sell

analysis for today 12 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 12 / 19 / 2014
OPEN 1.5670
HIGH 1.5681
LOW 1.5605
CLOSED 1.5624

The third resistance (R3) 1.5681 -( 1.5637 - 1.5605 = 0.0032 x 2 = 0.0063
The second Resistance (R2) 1.5637 + 1.5681 - 1.5605 = 1.5713
First resistance (R1) 1.5637 x 2 = 3.1273 - 1.5605 = 1.5668
pivot points 1.5681 + 1.5605 + 1.5624 = 4.6910 / 3 = 1.5637
Support for the first (S1) 1.5637 x 2 = 3.1273 - 1.5681 = 1.5592
Support second (S2) 1.5637 -( 1.5681 - 1.5605 = 0.0076 ) = 1.5561
Third Support (S3) 1.5605 -( 1.5681 - 1.5637 = 0.0044 x 2 = 0.0089

Strategy for upcoming week for EurUsd pair:

http://savepic.org/6651476.jpg

There is a strong support level at 1.5587 that's why I think that we should look only for long opportunities because the price will not fall down more.
http://i.imgur.com/8lquUAw.png

I think that the black trendline decree below and the resistance level at 1.5549 will make the price fall down, that's why we can get in short position with take profit at 1.5485.
http://i.imgur.com/oU2WlxD.png