Gbp/Usd

[BURHANFX]

http://prntscr.com/4ybbli
analysis for today 10 / 21 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.6140
Retracement (50%) 1.6129
retracement (61,8%) 1.6117

Extensions (61.8%) 1.6239
Extensions (100.0%) 1.6277
Extensions (138.2%) 1.6315
Extensions (161.8%) 1.6338
calculation based on a Fibonacci retracement then today I choose buy

[RaKalan]

The pair is trading the British pound against the dollar since both sides of the track in the morning with some slight downside bias now, the bullish scenario remains valid and effective for the day, depending on the stability of trading above the 1.6000 level, and the main objectives begins at 1.6335.
The trading range for today is between: Support and resistance 1.6100 1.6335

[Gamabunta]

i think that breaking the support level at 1.6159 is a good opportunity to get in short position with take profit at 1.6030.

[ng1985]

pair- gbp/usd
analysis time frame- m30



the movement is continue in the up trend side but the macd bar is moving below the zero level and giving down trend with parabolic sar. the pivot point 1.6140 hold its falling movement. if this is break 1.6130 then short with take profit at 1.6060 and stop loss at the 1.6200
good luck

[ANDRIAS]

http://i.imgur.com/R68CdkZ.png
analysis for today 10 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 10 / 20 / 2014
OPEN 1.6105
HIGH 1.6178
LOW 1.6079
CLOSED 1.6162

The third resistance (R3) 1.6178 -( 1.6140 - 1.6079 = 0.0061 x 2 = 0.0121 )= 1.6299
The second Resistance (R2) 1.6140 + 1.6178 - 1.6079 = 1.6239
First resistance (R1) 1.6140 x 2 = 3.2279 - 1.6079 = 1.6200
pivot points 1.6178 + 1.6079 + 1.6162 = 4.8419 / 3 = 1.6140
Support for the first (S1) 1.6140 x 2 = 3.2279 - 1.6178 = 1.6101
Support second (S2) 1.6140 -( 1.6178 - 1.6079 = 0.0099 ) = 1.6041
Third Support (S3) 1.6079 -( 1.6178 - 1.6140 = 0.0038 x 2 = 0.0077 )= 1.6002

[clark]

According to the position of the price at the moment which is currently in a position lower than the 15 EMA line there is a good chance for a bearish trend to be taking place today on the GBPUSD chart.
There is a big chance for the bearish trend to take place according to the signals appearing by the power momentum indicator which is a great tool to filter the sell positions we are about to enter.
As for the power line indicator which is showing a upward direction signal due to its position which is above the 50 level at this moment.
.

[mary]

Obviously in front of us on the GBPUSD chart we can clearly see that there is a up trend taking place as we speak and from its looks of it seems to be a main trend of course that was confirmed when the 6 and 5 EMAs were located Above the 35 EMA.
From the looks of it making buy orders would be the wisest decision once a bullish direction is confirmed by the other indicators.
Also there are dots located below the candlesticks from the parabolic sar indicators showing us a upward direction adding to that the upward signal formed by the cci line when it got located at the Higher level.
Also to be sure we get a buy signal from the MACD indicator as it was moving above the level 0.
So In the end I do think buying would work greatly for me according to what we witnessed up till now unless an opposite bearish signal appears.
.

[maggie]

While monitoring the GBPUSD I came to realize that a bullish trend is being formed today on the chart and of course I came to that conclusion because of the green signal performed by the super trend indicator giving me a hint on where the market supposedly would be heading.
The Nolog dot indicator giving us a blue colored dot indicating that a buy signal should be taking place soon.
A week bullish trend is indicated by the signals encouraging us to take buy trades but that of course as soon as the Nonlog indicator changes it�s signal to make another confirmation for this direction.
In order to be safe we should think of the best position to act as our stop loss I believe the support located at the price 1.6165 would be the perfect place for that but if this method is not convincing enough then waiting for the super trend�s color to change to red would be a good idea as well since the bullish trend would certainly be over if it met any of those conditions.
.

[achyut]

Daily forecast: GBPUSD 21 Oct. 2014.

Technical analysis for Daily forecast of GBPUSD 21 October, 2014. In Daily chart GBPUSD shows bullish trend. At present GBPUSD above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 1.63596.

Pivot: 1.61397

Resistance levels

R1 1.62004
R2 1.62382
R3 1.62989
R4 1.63596

Support levels

S1 1.61019
S2 1.60412
S3 1.60034
S4 1.59656

[alili]

About the EURUSD you can see a buy signal apears below the price which you can recognise it via yellowandorange point Also the price heads towards the resistance of TMA channel indicator which you see it as the red line which is a good bearish signal And on the timing indicator located below the chart there is a sell signal due to the red line and it is located near the level of 70 By the previous givens buying is the part that I will choose targeting the resistance level of TMA indicator colored by red as soon as I can get a confirmation from timing indicator