Gbp/Usd

[Ex.ness Support]

31.07.2014 9:09 GBPUSD
GBPUSD: under pressure against the background of a reduction in Gfk's consumer confidence index in the UK

Sell on a level breakthrough of 1.6900 with 1.6850 target. Stop loss = 1.6950.

Reason for the trading strategy.

The consumer confidence index in the UK from Gfk decreased in July from 1 to (-2) points, which indicates a probable reduction in consumer spending among British households, which forms a significant part of the UK's GDP.

GBPUSD, H4

[BURHANFX]

http://prntscr.com/48253g
analysis for today 7 / 31 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.6913
Retracement (50%) 1.6921
retracement (61,8%) 1.6929

Extensions (61.8%) 1.6847
Extensions (100.0%) 1.6822
Extensions (138.2%) 1.6797
Extensions (161.8%) 1.6781
calculation based on a Fibonacci retracement then today I choose sell

[Ex.ness Support]

29.07.2014 8:08 GBPUSD
GBPUSD: under pressure before the publication of the number of mortgages issued in the UK

Sell on a level breakthrough of 1.6950 with 1.6900 target. Stop loss = 1.7000.

Reason for the trading strategy.

Today at 8.30 GMT, the number of new mortgages issued in the UK will be published for June. A decrease in this indicator over the last 6 months will restrict transactions on the UK housing market, putting pressure on the pound.

GBPUSD, H4



---------- Post added 07-30-2014 at 02:23 PM ---------- Previous post was 07-29-2014 at 03:31 PM ----------

30.07.2014 7:07 GBPUSD
GBPUSD: there are risks of reduction to a level of 1.6900

Sell on rebound from 1.6951 level with 1.6900 target. Stop loss = 1.7000.

Reason for the trading strategy.

Despite growth in June of the number of mortgage lending approvals in the UK from 62,000 to 67,000, the British currency broke through the key support level of 1.6950. Today, in anticipation of strong macroeconomic statistics from the US, the pound could fall to a level of 1.6900.

GBPUSD, H4

[Gamabunta]

I think that the price will fall back from the 50 level of the fibonacci levels that's why I recommend to wait a bit before get in any deal. I will be more sure of this, if the lines of the aligator indicator will intersect. Then the price will climb to the top.

[edmar6969]

Trading Signal - 28/07/2014 - 10:00 GMT +3
Instrument: GBPUSD
60min CHART
Downwards Strong
The market is testing resistance at 1.6990. We are waiting to see reversal signals in order to reinstate
SHORT positions. Next important resistance the 1.7010 level.
Support & Resistances
1.6960 1.6990
1.6940 1.7010
1.6900 1.7040

[halloiasan]

As you can see on the GBPUSD chart the price is moving at a bearish channel. Now the price hits the low edge of donchain channel and I can say that a buy trades can be open by now targeting the high edge 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 higher chance to head up till the higher level of donchain channel but if you face the up edge of manually drawn channel then you have to close any buy trades and for more strength for your trades waiting for a buy signals drom awesome oscillator and stostatic is prefered

[BURHANFX]

http://prntscr.com/45u28m
analysis for today 7 / 24 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.7051
Retracement (50%) 1.7059
retracement (61,8%) 1.7067

Extensions (61.8%) 1.6981
Extensions (100.0%) 1.6954
Extensions (138.2%) 1.6927
Extensions (161.8%) 1.6911
calculation based on a Fibonacci retracement then today I choose sell

[Emi]

http://prntscr.com/45r3cw
analysis for today 7 / 24 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 7 / 23 / 2014
OPEN 1.7064
HIGH 1.7094
LOW 1.7024
CLOSED 1.7042

The third resistance (R3) 1.7094 -( 1.7053 - 1.7024 = 0.0029 x 2 = 0.0059 )= 1.7153
The second Resistance (R2) 1.7053 + 1.7094 - 1.7024 = 1.7123
First resistance (R1) 1.7053 x 2 = 3.4107 - 1.7024 = 1.7083
pivot points 1.7094 + 1.7024 + 1.7042 = 5.1160 / 3 = 1.7053
Support for the first (S1) 1.7053 x 2 = 3.4107 - 1.7094 = 1.7013
Support second (S2) 1.7053 -( 1.7094 - 1.7024 = 0.0070 ) = 1.6983
Third Support (S3) 1.7024 -( 1.7094 - 1.7053 = 0.0041 x 2 = 0.0081 )= 1.6943

[edmar6969]

23, July 2014
GBP/USD (a 4-hour chart)
The GBP/USD downward trend was stopped at the support level of 1.7050.
The price is finding the first support at 1.7050, the next one is at 1.7000. The price is finding the first resistance at 1.7115, the next one is at 1.7160.
Trading recommendations
The third level retest can cause the price bounce to the range of 1.7100 - 1.7110.

[BURHANFX]

http://prntscr.com/45j3ic
analysis for today 7 / 23 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.7057
Retracement (50%) 1.7062
retracement (61,8%) 1.7066

Extensions (61.8%) 1.7016
Extensions (100.0%) 1.7000
Extensions (138.2%) 1.6984
Extensions (161.8%) 1.6975
calculation based on a Fibonacci retracement then today I choose sell