Gbp/usd analysis for 11.06.2013 by using pivot indicator.
r3: 1.6203
r2: 1.6132
r1: 1.6088
pivot: 1.6017
s1: 1.5973
s2: 1.5902
s3: 1.5858
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Gbp/usd analysis for 11.06.2013 by using pivot indicator.
r3: 1.6203
r2: 1.6132
r1: 1.6088
pivot: 1.6017
s1: 1.5973
s2: 1.5902
s3: 1.5858
hello all
today 6/11/2013
frame 1h
the pair trend is up
buy market from 1.6085
TAKE PROFIT 1: 1.6125
STOP LOSE 1: 1.6025
GOOD LUCK TO ALL
http://www12.0zz0.com/2013/11/06/03/610768374.png
Opened today at 1.6044, the daily MACD indicators turn up, it seems the short-term trend, the pound against the dollar over the resistance at 1.6120, below the support position in line 1.5904 is connected with the 1.5945 began rising trend, market sentiment, UK will hold its monetary policy meeting today, although recent pound strong performance, but in the end the performance is also need to pay attention to monetary conference in Britain today evening, so the operation strategy suggestions for interval after operation breakthrough pounds.
Sterling against the dollar today suggest interval break after the transaction, if the 1.6120 stop buying, effective 30 points, the target position 1.6250, if below short in line 1.5904 connected to rise 1.5945, effective 30 stop loss point, the target position 1.5910
Fibonacci calculations point today 2013.11.06
Pair = GBPUSD
Time = Dayly
R3 = 1.6131
R2 = 1.6087
R1 = 1.6061
P = 1.6017
S1 = 1.5973
S2 = 1.5947
S3 = 1.5903
GBPUSD 06-11-13
Current rise seems to be over near 1.6054 or 1.6089 for a retracement towards 1.6019 - 1.5997 area.
Key Point 1.6085
Entry Point 1.6022
Trendline 1 1.5949
Trendline 2 1.5993
Support 1 1.5975
Support 2 1.5905
Resistance 1 1.6089
Resistance 2 1.6133
pair- gbp/usd
chart analysis- H4
http://i42.tinypic.com/2v9ri3a.png
the trend is now going to change as we can see price break the resistance trend line and its also having support at the 1.6000 level. the price will be try to move again 1.6110 the resistance. long with profit target and stop loss at the 1.5980
i think gbp\usd is on his way to make another bottom and when it does it will raise and make a trend
analysis for today 11 / 6 / 2013
GBP/USD (Daily Trade)
Resistance 3 1.6173
Resistance 2 1.6143
Resistance 1 1.6123
Pivot Point 1.6046
Support 1 1.6035
Support 2 1.6015
Support 3 1.5985
SELL STOP 1.6035 STOP LOSS 1.6123 TAKE PROFIT 1.6015 OR 1.5985
Gbp/usd technical analysis
date : 11.06.2013
time : 11:00 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 60.82
2) MACD (26,12,9)
value: 0.0008
3) ADX (14)
value: 16.67
4)CCI(14)
value: 72,11
overall trend - slightly bullish.
The GBP/USD made a significant upward move after falling down. It's recovery bounce from support 1.5913.
Current Important Levels :1.6256 - 1.5913http://4.bp.blogspot.com/-CGtCZ44mhZ...6+Nov%2713.jpg