Gbp/Usd

[Gamabunta]

I think that we can put a sell limit order at 1.6183 with take profit at 1.6040. I think that this is the only possible opportunity.

[troykilson]

by viewing the GBPUSD chart of the day we conclude that week bullish trend happened due to the blade oscillator of value 0.0005 located above the balance level of the indicator which shows a blue signal to conclude a week indication that a bullish direction happen on the short run. By the way the moving average 5 on the chart giving us a down indication then the bottom placed at price 1.6099 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them.

[hatrik]

The moment indicator indicates that there is good buying signal on our pair GBPUSD and that�s because of the cross taking place where the blue line�s location is above the red line at the moment The oracle strength indicator on the other hand is could be considered be giving a upwards direction signal according to the yellow color shown If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the blue colors on the arrows could be acting as upward signals.
Now as a conclusion from all the data we acquired up till now I believe that a upward trend would be taking action and that of course if the buy cross was still on the chart buy trades would have the priority as long as the ATR indicator gives buying signals.
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[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.
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[aliali1]

As a result of the green arrow that we are seeing at the moment on the GPBUSD chart we conclude that a bullish trend would be taking place now on the top of that the bottom located at the price 1.6025 which is a strong support at the moment and the price shouldn�t be able to go below it if the bullish trend stayed strong.
A up direction is to be taking place because of the parabolic sar�s dots which are located below the candles.
And for a take profit the price level 1.6115 would be perfect since it's a resistance when we are selling because there might be a good chance for the price to start hitting south after hitting it.
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[maggie]

While monitoring the GBPUSD I came to realize that a bearish trend is being formed today on the chart and of course I came to that conclusion because of the red 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 red colored dot indicating that a sell signal should be taking place soon.
A strong bearish trend is indicated by the signals encouraging us to take sell trades but that of course as long as there is no changes on the signals.
In order to be safe we should think of the best position to act as our stop loss I believe the resistance located at the price 1.6098 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 green would be a good idea as well since the bearish trend would certainly be over if it met any of those conditions.
2 .

[halloiasan]

As you can see on the GBPUSD chart the price is moving at a bullish channel. Now the price hits the top edge of donchain channel and I can say that a sell trades can be open by now targeting the low edge Stostatic by the way have a sell signal by having a bearish intersection near the 80 th level Finally a sell signal is shown on the awesome oscillator as you can see by having the bars above the 0 level and also the last bar is colored by red To make a clear decision from the previous givens the price have a higher chance to head down till the lower level of donchain channel but if you face the down edge of manually drawn channel then you have to close any sell trades and for more strength for your trades waiting for a sell signals drom awesome oscillator and stostatic is prefered

[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.
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[achyut]

Daily forecast: GBPUSD 27 Oct. 2014.

Technical analysis for Daily forecast of GBPUSD 27 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 1.62506.

Pivot: 1.60671

Resistance levels

R1 1.61182
R2 1.61483
R3 1.61994
R4 1.62506

Support levels

S1 1.60370
S2 1.59859
S3 1.59558
S4 1.59258

[ralf]

According to price position which is above the EMA indicator on the GBPUSD chart I believe it will be taking a bullish direction throughout the day.
A buy signal is indicated by the RSI indicator according to the line which is currently above the center line of 35.
Using the MACD indicator we can see that the green lines are heading up which means that the market bulls are the ones in control in the current period.
As a result to that I do believe that choosing the bulls for the current day would be the best choice but that of course until we get an opposite sell signal via the EMA indicator when the price gets below the wave.
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