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pair- gbp/usd
time frame analysis- m15
http://i62.tinypic.com/2rxd0s8.jpg
the price is having strong support at 1.5162 level at the daily pivot point. its making pull up two time but rejecting down with resistance at 1.5235 level. if its move above the 1.5240 level then long with stop loss at the 1.5180
good luck
06, May 2015
GBP/USD (a 4-hour chart)
The pound correction has moved into the long-term consolidation framework above the mark of 1.5100. The formed consolidation is amid the low volumes that is a signal for the reversal upwards. The pair increased and tested the resistance level of 1.5200.
The price is finding the first support at 1.5100, the next one is 1.5015. The price is finding the first resistance at 1.5200, the next one is at 1.5300.
Trading recommendations
The approach to the level of 1.5200 may lead to a price rebound down. The potential rebound target is the support level of 1.5015.
http://dl.dropbox.com/u/51561036/scr...506-211559.png
bhai aaj hi maine gbp/usd ko buy kiya tha, kafi jayda bada profits to nahi le paya hoon, lekin chota target ko achieve kar pane mein safal raha tha, ab sahi entry par is par fir se buy opportunity milegi to karunga bhai.
Technically: - Frame on the day the pair will continue to rise for a second day in a row, but the pace is not strong.
Where the pair managed to close higher yesterday resistance 1.5170 a sign of the desire of the pair further to climb.
So I think that to stay the movements and closures of the highest daily candles 1.5170 will push for further climb
Towards the 1.53 areas
bhai g achi baat hay baday target k pechay hamay bhagna bi nh cahiyay , jitna kam target hum set kartay hay utna zaida acha rahta hay , waisay GBPUSD ka filhal up trend ma hi chal raha hay .:)
hanji gbp/usd kaafi up chal raha hai lekin UK me elections ki wajah se abhi ess pair me kuch bataya nahi jaraha hai lekin aap yahan abhi tarde na karein aur pehle nfp ka wait karein uske baad he aapko pata chalenga..Quote:
Originally Posted by naziakhan
Technically Atdoual GBP dollars now near average simple motion 30 levels, is worth mentioning that Artkazh highest 1.5106 support levels, which rebounded from the husband to the highest earned him some positive, which makes the pair closer to buying from current levels and supports the purchase fulcrum pair the highest 1.5220 levels and for it targets at 1.5290 then 1.5380
Trading Signal - 07/05/2015 - 10:00 (GMT +3)
Instrument: GBPUSD
Time : 60min CHART
Trend & Condition : Upwards Strong
The market failed to reach TP2 and hit the lock in profits level. The stop loss order has been executed closing the remaining 50% of our position (1.5217). Now we are looking for the next opportunity to enter the market.
Support & Resistances :
1.5200 1.5300
1.5160 1.5390
1.5080 1.5530
http://dl.dropbox.com/u/51561036/scr...507-231546.png
Oscillates pair of sterling against the dollar between 1.5140 support and 1.5275 resistance levels since the morning, while Stochastic is trying to gain positive momentum enough to pay the price to break through the resistance mentioned to confirm opening the way for the continuation of the bullish trend that resides next target at 1.5500.
Thus, the upside scenario still exists to this day as long as the price above the level of 1.5140, which represents a negative factor will stop breaking the positive outlook and pays the price for converting intraday downward trajectory.
Expected trading range for today between 1.5140 support and 1.5400 resistance range
GBPUSD Break the 1.5080 level will push the price down and visit the levels start at 1.5030 then 1.4920 expected trading range for today between 1.5140 support and 1.5300 resistance general trend is expected for today: UP