Gbp/Usd

analysis for today 11 / 5 / 2013
My daily trading,I hope the day is a success ...
GBP/USD (Daily Trade)

Resistance : R1 1.6036 R2 1.6061 R3 1.6081 R4 1.6111
Support : S1 1.5906 S2 1.5881 S3 1.5861 S4 1.5831

Open : 1.5967
High : 1.5981
Low : 1.5961
Range : 20 Pips
Running Price : 1.5980

For intraday trade today suggest SELL at the level 1.5980 stop loss at the level 1.6036 target take profit at the level 1.5861 or at the level 1.5831

GBP / USD daily on the average system formed downward through the objective, direction conversion potential. Rectangular shape callback to pound since October 1st along the nearby support is expected to rebound, Zhou inscribed down time pounds last interval running rhythm. From the map hour trend, GBP / USD broke through the effect of average system resistance, the short-term objective direction to the conversion potential. A new low 1.5900 supported Sterling short-term oversold bounce, days of short-term rebound strength on sterling pounds, is expected to rebound resistance still re test the 1.5900 line pressure. Short term support resistance of 1.6005,1.6070 1.5940,1.5900.

Gbp/usd analysis for 11.05.2013 by using pivot indicator.

r3: 1.6070
r2: 1.6023
r1: 1.5996

pivot: 1.5949

s1: 1.5922
s2: 1.5875
s3: 1.5848

Daily pivot Fibonacci points: Resistance levels: R1:1.5977 R2: 1.5995 R3:1.6023 Support levels: S1: 1.5920 S2: 1.5902 S3:1.5875

Gbp/usd technical analysis

date : 11.05.2013
time : 09:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 57.29

2) MACD (26,12,9)
value: -0.0001

3) ADX (14)
value: 15.23

4)CCI(14)
value: 222.59

overall trend - slightly bullish.

It should test 1.6022 area after which a sell off down to 1.5922 or extended to 1.5876 area is expected

Key Point 1.5995
Entry Point 1.5950
Trendline 1 1.5982
Trendline 2 1.5933

Support 1 1.5922
Support 2 1.5876
Resistance 1 1.5996
Resistance 2 1.6024

http://charts.mql5.com/2/961/gbpusd-...orex-group.png



we can see in the 1w chart
the pair trading down the 38.2
I see the pair will go to down way to 1.5672
stochastic refers that the pair will go down
so our target sell from 1.6051 and our target will 379pips
Good luck

GBPUSD for today's analysis by using a simple moving average on the 1 hour time frame
SIMPLE Moving average 5 1.599920 BUY
SIMPLE Moving average 10 1.598455 BUY
SIMPLE Moving average 20 1.597421 BUY
SIMPLE Moving average 50 1.595749 BUY
SIMPLE Moving average 100 1.599875 BUY
overall trend strong buy

http://charts.mql5.com/2/965/gbpusd-...orex-group.png



hi
we can see in the 4h chart
the pair will go up to fibo 61.8
I see the pair will go to up way to 1.6119
rsi refers that the pair will go up
so our target buy from 1.6049 and our target will 67pips
Good luck

:good:

Gbp/usd technical analysis

date : 11.05.2013
time : 16:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 57.12

2) MACD (26,12,9)
value: 0.0005

3) ADX (14)
value: 22.60

4)CCI(14)
value: 44.29

overall trend - slightly bullish.