Gbp/Usd

[KAUL]

analysis for today 12 / 5 / 2014

GBPUSD

Resistance : R1 1.5632 R2 1.5657 R3 1.5677 R4 1.5707
Support : S1 1.5503 S2 1.5478 S3 1.5458 S4 1.5428

Open : 1.5578
High : 1.5578
Low : 1.5557
Range : 21 Pips
Running Price : 1.5563


Strategy : SELL at the level 1.5563 stop loss at the level 1.5632 target take profit at the level 1.5458 or at the level 1.5428

[halloiasan]

As you can see on the GBPUSD chart the price is moving at a down channel to lead the price for downward direction through the upcoming hours.
Now the price hits the lower edge of donchain channel and I can say that a trades can be open by now targeting the north edge of the channel.
Stostatic by the way have a buy signal by having a bullish intersection near the 20 th level.
Finally a buy signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by green To make a clear decision from the previous givens the price have a better chance to head down till the low level of donchain channel but if you face the down edge of manually drawn channel then you have to close any selling trades and for more strength for your trades waiting for a sell signals from awesome oscillator and stostatic is preferred

[osos]

The 3 fast EMAs is heading Above the slow EMA on the chart of GBPUSD to let me think that we are on a beginning of a bullish trend for the upcoming day and according to that buy positions are very welcomed .
The parabolic sar indicator by the way offers a downward signal as you can see it's dots shown Above the candles of the price and also the MACD indicator perform another sell signal as you can see it moving Below the level of zero and in additional to that the downward signal of CCi is clear as it located near the it's Lower level .
I think you can agree with me that buying the pair is a winning trade as I think we are not facing bearish trend very soon .

[ahmedoof]

in 1h chart
the pair trade in up trend
i see the pair will go up to 0.91500
good luck

[aliali1]

On the GBPUSD one hour chart you can see a red arrow which indicates a bearish trend for now which has a top supporting it at 1.5685 also it can be used as a strong resistance as the price shouldn't go above it the trend still as a bearish trend.
And the dots of the parabolic sar indicator located above the candles and that sign for the price to go down In case of there are selling trades are taking place then i think that the 1.5565 is a good place to close a part from your opening trades because the price has a good chance to go up after hitting it.

[ahmedoof]

Daily pivot Fibonacci points: Resistance levels: R1: 1.6244 R2: 1.6263 R3: 1.6293 Support levels: S1: 1.6184 S2: 1.6165 S3:1.6135

[BURHANFX]

analysis for today 12 / 5 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.5675
Retracement (50%) 1.5685
retracement (61,8%) 1.5694

Extensions (61.8%) 1.5594
Extensions (100.0%) 1.5563
Extensions (138.2%) 1.5532
Extensions (161.8%) 1.5513
calculation based on a Fibonacci retracement then today I choose sell

[hmmo]

The price is located above the grey line 1.5636 of the MBFX indicator on the GBPUSD chart for today and when taking a look on vestro indicator it makes a bullish saturation on its last move to form a buy signal for the coming time.
According to this considering a bullish trend is strongly recommended till the vestro indicates another signal taking a buy trades will be my choice for this day targeting the resistance levels at 1.5663 and 1.569 on a row while you can use your sop level at the area of the upcoming support at 1.5619

[KAUL]

analysis for today 12 / 5 / 2014

GBPUSD

Resistance : R1 1.5698 R2 1.5723 R3 1.5743 R4 1.5773
Support : S1 1.5607 S2 1.5582 S3 1.5562 S4 1.5532

Open : 1.5672
High : 1.5682
Low : 1.5623
Range : 0.0059 Pips
Running Price : 1.5635

Strategy : SELL at the level 1.5635 stop loss at the level 1.5698 target take profit at the level 1.5562 or at the level 1.5532

[samoo]

As you can see on the GBPUSD chart there are a bearish signal formed by the histogram indicator by getting a red line which appears below the level 0.
On the other hand the Market emotion indicators shows a kind of lower direction as you can see it is showing a red line for the last candle.
About the Guru indicator it is also showing a signal by seeing the line below the level 0 and the last bars is red then it is a good bearish signal.
Finally there are a sell cross formed by the two exponential moving averages 9 and 152 then you can consider a bearish trend on the coming candles.
As I think according to what you can see above selling is the side that I will choose in the current time and for a take profit the level of 1.5577 is a good area as you can see it is the first support that the price can meet.