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http://charts.mql5.com/2/664/gbpusd-...ex-group-2.png
we can see in the 1d chart
the pair trading down the 38.2
I see the pair will go to down way to 1.5829
rsi refers that the pair will go down
so our target sell from 1.6228 and our target will 404pips
Good luck
:good::respect:
My analysist for gbpusd today,03 october 2013 using open price market at 00.00 broker time strategy.
This analysist is using the open market price and using dolly graphic indicator.
With this indicator, we place trapping buy stop and sell stop
pending order today
buy stop 1.6245 tp 1.6265 sl 1.6185
sell stop 1.6205 tp 1.6185 sl 1.6265
may pip always with us
The following data is predicted based on indicators that we use for the currency pair GBP/USD today, for today's support and resistance levels as follows: (R3=1.635), (R2=1.6301), (R1=1.6262), (Pivots=1.6213), (S1=1.6174), (S2=1.6125), (S3=1.6086)
recommendation:
place your sell stop at 1.6233 target profit at 1.6253 (Seller zones)
place your buy stop at 1.6193 profit target at 1.6173 (buyer zone)
Once in the prediction of several indicators for the technical analysis of currency pairs GBPUSD on the market today are at the 1.6213 pivot then I recommend you to do the open position BUY with some criteria such as the following
You put a take profit at 1.603 positions. You put a stop loss at 1.597 positions
that's indicator Bollinger Bands is BULLISH then Support and resistance at
Pivots = 1.6213
R1 = 1.6262
R2 = 1.6301
R3 = 1.635
S1 = 1.6174
S2 = 1.6125
S3 = 1.6086
For long-term targets remain BUY with a target of 40 pips profit
awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
down signal tp:30 pip
loss:20 pip
My predictions for GU October 3, 2013 is buy, as long as the price is still above the lower pitchfork, with supply targets at 1.6261 area. Quite interesting if this scenario continues, GBPUSD will make a triangle pattern, which if break above this area, GBPUSD has target further strong resistance at 1.63
My daily trading,I hope the day is a success ...
GBP/USD (Daily Trade)
Resistance : 1.6243 1.6308 1.6373
Support : 1.6185 1.6124 1.6039
High / Low : 1.6232 / 1.6216
Running Price : 1.6219
for intraday trade today suggest buy at the level 1.6198, stop loss at the level 1.6060., target take profit at the level 1.6300
GBP/USD actual analyze at 2013.10.03 07:47:51 update for support and resistent for this day
(R3 = 1.635)
(R2 = 1.6301)
(R1 = 1.6262)
(Pivots = 1.6213)
(S1 = 1.6174)
(S2 = 1.6125)
(S3 = 1.6086)
our preference:you can open BUY because market condition in H1 is TREND UP
The GBP/USD seems to falter ahead of the today’s PMI Services data. Elaborating on, if the data come out as estimated –nearly at 7-year high – we will probably witness increased bets on when the BoE will start to exit its easing cycle policy as the more robust recovery will push Governor Mark Carney to dampen the monetary easing and vice-versa. Therefore traders should bear in mind that the UK PMI data might spur increased volatility regarding the sterling, due to the fact that traders might probably link the data released with the BoE monetary policy. Nevertheless, if the data let down traders the cable will be probably get under severe pressure and Carney will continue to set up a series of non-standards monetary policies to further insulate the economy.
Data Tipe = Pivot Point
Pair= GBPUSD
Time Frame = Dayly / 2013.10.03
Resistance 3 = 1.6349
Resistance 2 = 1.63
Resistance 1 = 1.6261
Pivot Point = 1.6212
Support 1 = 1.6173
Support 2 = 1.6124
Support 3 = 1.6085
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement.
I am not responsible for any errors that occur because the only information from the previous calculation
Spoiler: