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The daily Frame husband tried to stay top of the first support at 1.5335 but failed Stability highest.
Where the current target landing re-testing the falling trend line previously breached where touching the retest area
Specifically near 1.5220 if touched today are unchanged and the region with the fact that the time trend moving support, but if it exceeds the line
Finally, the trend will face strong support at 1.5165 I do not expect falling over it for a couple of progress and there may witness
Return to positive trading towards the top.
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daily overview for Gbp-Usd
r3: 1.5603
r2: 1.5499
r1: 1.5321
s1: 1.5039
s2: 1.4935
s3: 1.4757
the pair broke the channel to down
so our trade for the pair is sell
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Trading Signal - 04/05/2015 - 10:00 (GMT +3)
Instrument: GBPUSD
Time : 60min CHART
Trend & Condition : Downwards Strong
Waiting for a retracement higher towards the 1.5210 resistance level, or alternatively the break of the 1.5100 support level, in order to reinstate SHORT positions.
Support & Resistances :
1.5100 1.5210
1.5070 1.5260
1.5010 1.5350
http://dl.dropbox.com/u/51561036/scr...504-234044.png
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Technically: - Frame on the day the pair end of last week, fell dramatically in the process of liquidation centers.
Where exceeded expectations and fell lower support 1.5165, which is associated with the same strong 61 Vebo dotted
And also closed Odnahm, where he continued to drop, falling to near the falling trend line breached and that extends
Old for nearly 10 months, as well as near the second support around 1.5055 and prices associated with Vebo 50 strong.
Where this support is a good area to return to rise again towards 1.1565 and which closed on candle
Above will push for further climb
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The pair is trading the British pound against the dollar slightly negatively to move below the level of 38.2%, with a note that trading is very weak due to holiday in Britain this day, it continues to move in the stochastic oversold areas.
Thus, the suggested morning scenario will remain in place as it is to this day, what we did not see a daily close below 1.5140, with reference to the main objectives that start at 1.5275 then 1.5500.
Expected trading range for today between 1.5100 support and 1.5300 resistance range
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Couple shows today northern aggressive growth rate steadily broke through first-slip alligator and then the pressure of the bulls also could not resist, and the upper zone of medium-term fractals 6100, worth noting that a break of this level took place almost effortlessly,
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daily overview for Gbp-Usd
r3: 1.5251
r2: 1.5212
r1: 1.5166
s1: 1.5081
s2: 1.5042
s3: 1.4996
the pair can not break the resistance to up
so our trade for the pair is sell
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pair- gbp/usd
time frame analysis- m15
http://i61.tinypic.com/142c1gy.jpg
the price is moving the channel pattern with having resistance at 1.5175 level and support at the 1.5085 level. the macd indicator is above the zero level. if the price is break resistance then long with take profit at 1.5200 and stop loss at 1.5115
good luck
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Technically: - Frame remained on the daily trading and closures of the highest daily candles breached and support trend line.
Where the pair also faces re-testing the falling trend line area and the breached support at 1.5055 prices
And associated with Vebo 50 as we believe that these driving the region towards climb and altitude where the pair targets
Resistance around 1.5170 price and condition impenetrable and shut candle on top rated pair then continue to climb.
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daily overview for Gbp-Usd
r3: 1.5365
r2: 1.5291
r1: 1.5236
s1: 1.5107
s2: 1.5033
s3: 1.4978
the pair broke the oblong to down
so our trade for the pair is sell