Gbp/Usd

[Gill1]

Today Market Trend is = BUY

Current position and previous position indicate the market going up

Support or resistance point be market k up honey ka ishara day raha hai

Is liya ham ko buy ki Trade laga dani chahiye

[Samranfaizan220]

The price went down and came to the support level. From which I expect growth to the resistance line. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad Price may bounce soon as 1.3300 level is considered to be very strong support zone , where as a sustained break below 1.33 will open doors for further depreciation towards 1.30 . its better to stay out of the pair for now , or you may look to trade breakouts with small risk.. follow us for more.

[MTB]

On pairs GbpUsd has my analysis on the current market position at point 1.6099 and timeframes H1.
I use indicator Stoch (5,3,3) then it will be the value at point 60 so that more directed at the BUY

if data from calculation from Yesterday High of 1.6102 and Yesterday Low of 1.6018 then pivot on 1.6073
so I recommend you to BUY to take profit on 1.6129 and stop loss at 1.6069. Good luck and hopefully profit.

[jigrak66]

maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.

[QasimShop]

Respected members of Indian forum

This pair surely increas the movement down
Side, because of indicators show that the down
Trend

Pivot Point, Moving average ,Crunt price, Rsi,
Resistance and Supporting points, MACD,
Parabolic sar, Bollinger Band, H4, H1, M30,

All the indicators running the favor down
Side
So market trend this time is sell

[Hassinali]

The extension of the US dollar slide boosted GBP/USD further. Cable hit a new four-month high at 1.2902 and then pulled back modestly. As of writing, it is trading at 1.2885, rising for the seventh day in a row.

The decline of the US dollar continues to support the rally in GBP/USD. The greenback continues with the slide that started last week. It continues to be unable to find support, weakened by technical factors, worries about the economic recovery in the US and rising expectation about more stimulus from the Federal Reserve.

Also, traders are looking to the tensions between the US and China, that adds to speculations about further monetary stimulus. Market participants ignored data released on Monday in the US (Durable Goods Orders and Dallas Fed Manufacturing).

The GBP/USD is also being driver by technicals. The breakout above 1.2750 on Friday was a relevant technical development that added strength to the rally. Now the pair is testing the 1.2900 area. Between 1.2890 and 1.2910, there are many horizontal resistances, so a break higher would likely lead to more gains.

The rally of the pound versus the dollar takes places despite the lack of real progress on negotiations about post-Brexit relations between the UK and the EU. Despite rising versus the dollar, the pound is falling against versus the euro. Expectations about negative rates at the Bank of England are another negative factor for GBP.

[alkatiri]

my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit in forex market today.

[guru000]

Forex Forecast with price level
GBP/USD - pair in focus.
Current Price - 1.2888
main support level - 1.2870
main resistance level - 1.2904
Pair likely to be in Sell today.

[janny]

Today Market position is : sell

Currant position or previously position market k down honey ka ishara day raha hain

Support or resistence be market k down janay ki terf ishara day rahay hain

Is liya ajj sell ki trade laganay me he faida hai

[snake]

Forex Forecast with price level
GBP/USD - pair in focus.
Current Price - 1.2888
main support level - 1.2870
main resistance level - 1.2904
Pair likely to be in Sell today.