Gbp/Usd

[ng1985]

pair- gbp/usd
time frame to analysis- m15



the parabolic sar is giving down trend signal and the macd indicator is also below the zero level. the price is down from the resistance at 1.5425 level. if this is break the support at 1.5380 level then short with profit target at 1.5325 and stop loss at 1.5430
good luck

[pritishahfx]

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.5391; (P) 1.5424; (R1) 1.5466

4H

Intraday bias in GBP/USD remains neutral for the moment. At this point, rise from 1.4950 is viewed as a corrective move and break of 1.5315 will indicates that it's completed. In such case, bias will be turned back to the downside for retesting 1.4950 first. However, sustained break of 1.5540/51 (38.2% retracement of 1.6523 to 1.4950 at 1.5551) will argue that whole fall from 1.7190 is completed at 1.4950. And rise from there could target 1.5785 resistance next.

[pritishahfx]

In the longer term picture, we're sticking on to the view that price actions from 1.3503 are the fourth wave of the five wave sequence from 2.1161. That means, firstly, 1.3503 shouldn't be the end point of the downtrend yet and a new low is expected. However, secondly, as the next fall could be the fifth wave, the breach of 1.3503 could be shallow and brief from long term point of view and we'll then see a more sustainable rebound.

---------- Post added at 10:54 AM ---------- Previous post was at 07:22 AM ----------

GBP/USD
GBP/USD - The British Pound against the US Dollar is one of the oldest currency pairings in the world. The pair is often called 'The Cable', as the first transatlantic communication cable run across the floor of the Atlantic, connecting Great Britain with The United States, was used to transmit currency prices between the two economies. 'The Cable' remains a favorite of traders today, accumulating massive interest considering the size of The UK economy.

---------- Post added at 11:17 AM ---------- Previous post was at 10:54 AM ----------

-“A breakout from a 1 month inverse head and shoulders pattern is valid above today’s low (breakout day) but GBPUSD does face channel resistance at this level. The reversal pattern’s objective is 1.5494, which is in line with the December low at 1.5485.”
-GBPUSD met the target and traded into the mid-1.5500s this week. There is good resistance here from former lows and slopes on multiple time frames.

[rohanraja]

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[sonuking]

ye storng pair hai market mai but har dafa entna trade nai hota es mai ye to global market ky sath he up down hota hai

[pritishahfx]

GBP/USD Weekly Outlook

While GBP/USD's rebound extended to 1.5551 last week, it did face resistance from 1.5540, 38.2% retracement of 1.6523 to 1.4950 at 1.5551 and retreated since then. Initial bias is neutral this week. At this point, rise from 1.4950 is viewed as a corrective move and break of 1.5315 will indicates that it's completed. In such case, bias will be turned back to the downside for retesting 1.4950 first. However, sustained break of 1.5540/51 will argue that whole fall from 1.7190 is completed at 1.4950. And rise from there could target 1.5785 resistance next.

---------- Post added at 07:14 PM ---------- Previous post was at 06:58 PM ----------

In the bigger picture, price actions from 1.3503 (2009 low) are treated as consolidations to long term down trend from 2.1161. The current development argues that such consolidation is possibly completed at 1.7190, just below 50% retracement from 2.1161 to 1.3503 at 1.7332. GBP/USD is now heading back to 1.4813 key support level. We'd hold on to this bearish view as long as 1.5785 resistance holds.

[sonuking]

market up hai per es ka mtlab ye nai kay ap bdi trade oder laga do becarefull hamysha ek signal py depend nai karna dosro ko bhe focus karna hai

[Gamabunta]

Basic levels for GBP/USD:

1.5561: SMA to close 100 days.

1.5500: strong sales offers.

1.8479 / 89: Fibonacci 61.8% for the movement of the descending from 1.5537 to 1.5384.

1.5450: medium-sale offers.

1.5385: Fibonacci 76.4% rate of the emerging movement from 1.5333 to 1.5554.

1.5350: Purchase requests medium.

1.5322: Correction of fibonacci accounted for 38.2% of the ascending movement from 1.4952 to 1.5554.

[Gamabunta]

Basic levels for GBP/USD:

1.5561: SMA to close 100 days.

1.5500: strong sales offers.

1.8479 / 89: Fibonacci 61.8% for the movement of the descending from 1.5537 to 1.5384.

1.5450: medium-sale offers.

1.5385: Fibonacci 76.4% rate of the emerging movement from 1.5333 to 1.5554.

1.5350: Purchase requests medium.

1.5322: Correction of fibonacci accounted for 38.2% of the ascending movement from 1.4952 to 1.5554.

[ng1985]

pair- gbp/usd
time frame to analysis- m15



the major trend of the price is down side but hold at the support 1.5390 level and moving up side. if the price is break the pivot point at 1.5450 level then it will moved to the 1.5500 level. long with stop loss at 1.5405
good luck