Gbp/Usd

[zahid2016]

Technical Indicators

The main indicator for this signal was the 50 SMA obviously. Unlike yesterday when we sold GBP/US, this time the price reached this moving average. It pierced above it briefly, but it started to reverse back down. So, we decided to sell before the reverse was in full force.

Besides that, the stochastic indicator was well oversold when we opened this forex signal today. Yesterday, stochastic wasn�t oversold when we sold this pair. The bearish reverse came nonetheless.

The trend is extremely bearish, so we are on the right side of the market, for the time being. According to the technical chart setup, the odds are better for sellers today. So, we decided to take another trade on this pair which is going well at the moment. The USD has been retracing against most majors this morning, so let�s get this update posted and see if we can have one or two other forex trades in other pairs.

[khizar1]

USDJPY Today Prediction
Strategy: Strong SELL , stop loss at 108.99 take profit at 108.20, 107.90.
Resistance levels: 109.48, 109.68, and 109.88.
Support levels: 108.18, 107.88 and 107.58.

[joon]

it is a triangle configuration market should break either side acceleration should occur above 1.6068
or under 1.6020 limits

res2 1.6142
ex-high 1.6096
res1 1.6091
pivot 1.6045
sup1 1.5995
ex-low 1.6000
sup2 1.5949

[arshadlaskani]

Gbpusd pair kafi up levels par movement kar choka he aur mere analysis k mutabik ye aj kafi down ho sakta he
Down level ye rahega : 1.3230
Focused levels : 1.3287
Normally levels. : 1.3255

[zahid2016]

According to the Bank of International Settlements, the GBP/USD accounts for nearly 15% of daily forex volume. The U.K. and U.S. are staunch political allies as well as trading partners. Monetary policy decisions by the U.S. Federal Reserve (FED) and the Bank of England (BOE) are key fundamental drivers of value. Politics, trade, and military conflict have significantly influenced the GBP/USD over the course of history.

[lal765]

gbp/usd maximum price 1.3340 and minimum 1.3180
Support Level 1 : 1.3266 Weekly R3 : 1.3240 Monthly
Support Level 2 : 1.3277 Short term R2 : 1.3228 Short term
Support Level 3 : 1.3290 Monthly R1 : 1.3210 Weekly
**************************** Trend : sell *********************************

[qasimm]

gbp/usd aj ki price men kafi up ja raha is time ke price 1.3257 aur mere analysis k hesab se ye aj ki price men kafi down level tak jaega 1.3180 is price tak aur normal price 1.3220 ye rahege aj ke

[majahar_ali]

GBP fell down at 1.33 in overnight trading, followed by a rapid tumble to 1.3205 before being steadfest. However, this downturn is considered to be a corrective phase at this stage. The long term prospect for GBP/USD looks constructive. As everything stands, I think the ongoing trend illustrates a possible drop around the 1.31 area, although the risk of a downward overshoot cannot be kept out of the equation. All in all, we could expect a resistance at 1.3300/10.

[khizar1]

GBPUSD Today Prediction
Strategy: BUY , stop loss at 1.3200, take profit at 1.3350 , 1.3400.
Resistance levels: 1.3360, 1.3390 and 1.3420.
Support levels: 1.3250, 1.3220, and 1.3190.

[qasimm]

gbp.usd aj ki price men kafi down ja raha is time ke price 1.3308 aur mere analysis k hesab se ye aj ki price men kafi up level tak jaega 1.3390 is price tak aur normal price 1.3330 ye rahege aj ke