Gbp/Usd

[achyut]

Daily forecast: GBPUSD 06 Oct. 2014.

Trading analysis for Daily forecast of GBPUSD 06 October, 2014. In Daily chart GBPUSD shows bearish trend. At present GBPUSD below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 1.55574.

Pivot: 1.60263

Resistance levels

R1 1.61017
R2 1.62329
R3 1.63083
R4 1.63838

Support levels

S1 1.58951
S2 1.58197
S3 1.56885
S4 1.55574

[ANDRIAS]

http://prntscr.com/4th90t
analysis for today 10 / 6 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 10 / 3 / 2014
OPEN 1.6142
HIGH 1.6158
LOW 1.5951
CLOSED 1.5971

The third resistance (R3) 1.6158 -( 1.6027 - 1.5951 = 0.0076 x 2 = 0.0151
The second Resistance (R2) 1.6027 + 1.6158 - 1.5951 = 1.6234
First resistance (R1) 1.6027 x 2 = 3.2053 - 1.5951 = 1.6102
pivot points 1.6158 + 1.5951 + 1.5971 = 4.8080 / 3 = 1.6027
Support for the first (S1) 1.6027 x 2 = 3.2053 - 1.6158 = 1.5895
Support second (S2) 1.6027 -( 1.6158 - 1.5951 = 0.0207 ) = 1.5820
Third Support (S3) 1.5951 -( 1.6158 - 1.6027 = 0.0131 x 2 = 0.0263

[BURHANFX]

http://prntscr.com/4soyis
analysis for today 10 / 3 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.6164
Retracement (50%) 1.6181
retracement (61,8%) 1.6197

Extensions (61.8%) 1.6027
Extensions (100.0%) 1.5975
Extensions (138.2%) 1.5923
Extensions (161.8%) 1.5890
calculation based on a Fibonacci retracement then today I choose sell

[greenking]

However, break of 1.6100, if confirmed, put in focus the objective of 1.6050. In opposition, we find upward resistance on 1.6160 and 1.6200. We will not forget either that the pair may be affected by the UK services PMI at 10:30, and by the NFP Report US employment at 14.30. Currently the GBP / USD move around 1.6095 on the currency market.

The number of services PMI for the month of September to United Kingdom is as bad as those in the Euro zone, the publication shows a decrease of 59.1 to 58.7 against 60.5 expected and above. The decline must be tempered because the level of the PMI is still quite high.

[swanstad]

I realized GBP / USD continued its fall today, with a test of the psychological threshold of 1.6100, the pair having scored a hollow on 1.6095 this morning. For now, no information has come to justify this decline, which some attribute to the weight of the overall trend.
supports are at 1.6050 and 1.6000.
Resistance to 1.6100, 1.6125, 1.6160 and 1.6200.

[achyut]

Daily forecast: GBPUSD 03 Oct. 2014.

Trading analysis for Daily forecast of GBPUSD 03 October, 2014. In Daily chart GBPUSD shows bearish trend. At present GBPUSD below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 1.58688.

Pivot: 1.61677

Resistance levels

R1 1.62241
R2 1.63049
R3 1.63613
R4 1.64176

Support levels

S1 1.60869
S2 1.60305
S3 1.59497
S4 1.58688

[ANDRIAS]

http://prntscr.com/4skehn
analysis for today 10 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBP / USD on the date 10 / 2 / 2014
OPEN 1.6183
HIGH 1.6249
LOW 1.6112
CLOSED 1.6143

The third resistance (R3) 1.6249 -( 1.6168 - 1.6112 = 0.0056 x 2 = 0.0112 )= 1.6361
The second Resistance (R2) 1.6168 + 1.6249 - 1.6112 = 1.6305
First resistance (R1) 1.6168 x 2 = 3.2336 - 1.6112 = 1.6224
pivot points 1.6249 + 1.6112 + 1.6143 = 4.8504 / 3 = 1.6168
Support for the first (S1) 1.6168 x 2 = 3.2336 - 1.6249 = 1.6087
Support second (S2) 1.6168 -( 1.6249 - 1.6112 = 0.0137 ) = 1.6031
Third Support (S3) 1.6112 -( 1.6249 - 1.6168 = 0.0081 x 2 = 0.0162 )= 1.5950

[swanstad]

I locate the resistance area with the 1.6255 level loop that continues to show its validity, together with the not yet reached 1.6285 which together with the first level shown is to form a good resistance area on which to think about any sales of pounds, taking into account that returns above 1.6305 area could lead to attempts to extension towards 1.6340 and 1.6375, while in case of seal could be possible to evaluate attempts to return first towards 1.6235 (in the case of achievement of the last resistance) and then on minimum, the minimum that would represent the first target in the event of sealing of the first resistance Gpb/Usd - H1 chart.

[BURHANFX]

http://prntscr.com/4sdzl9
analysis for today 10 / 2 / 2014
GBP/USD (Daily Trade)
I think the movement is still in a bearish trend
replacement (38.2%) 1.6194
Retracement (50%) 1.6205
retracement (61,8%) 1.6215

Extensions (61.8%) 1.6107
Extensions (100.0%) 1.6074
Extensions (138.2%) 1.6041
Extensions (161.8%) 1.6020
calculation based on a Fibonacci retracement then today I choose sell

[ng1985]

pair- gbp/usd
chart analysis time frame- m15



the price is has been break the strong support at 1.6160 level and also making a pull back. the rsi indicator is at the level 30 and having short signal with parabolic sar. the price will falling down and will hit the 1.6025. short with stop loss at 1.6260
good luck