gbp/usd

the pair can not break the support level to down way in chart 1h

stochastic refers to up way

so the pair will continue to up way

the pair broke fibo 61 to down way

stochastic refers to down way also

so the target is sell the pair to fibo 100

if the pair broke fibo 61 to up way we will cancel the down view

GBPUSD I have predicted that there is a signal BUY in the time frame M30.I suggest to perform the requisite order BUY to
Take Profit 1.6028 and Stop Loss 1.5972
a target is likely to move by 80 pips

the pair trade down the down trend in 1h chart

stochastic refers to down way

so the pair will continue to down way

Gbp/usd analysis for 10.11.2013 by using pivot indicator.

r3: 1.6059
r2: 1.6019
r1: 1.5994

pivot: 1.5954

s1: 1.5929
s2: 1.5889
s3: 1.5864

Gbp/usd technical analysis

date : 10.11.2013
time : 17:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 31.93

2) MACD (26,12,9)
value: 0.0011

3) ADX (14)
value: 35.14

4)CCI(14)
value: -89.43

overall trend - slightly bearish.

Today i am going with buying side
My entry for this pair for today @ 1.5937
I place my stop loss for today @ 1.5917
My first take profit for today @ 1.5952
My second take profit for today @ 1.5970

Gbp/usd analysis for 10.14.2013 by using pivot indicator.

r3: 1.6076
r2: 1.6039
r1: 1.5998

pivot: 1.5961

s1: 1.5920
s2: 1.5883
s3: 1.5842

Gbp/usd technical analysis

date : 10.14.2013
time frame : 15 min

indicator :

1) RSI (14)
value: 47.05

2) MACD (26,12,9)
value: 0.0001

3) ADX (14)
value: 26.63

4)CCI(14)
value: -104.25

overall trend - slightly bearish.

Today i am going with selling side
My entry for this pair for today is 1.5995
I place my stop loss for today @ 1.6023
My first take profit for today @ 1.5967
My second take profit for today @ 1.5943

this is very crucial pair to trade with because both the currency are strong enough and there is very small spread in this pair due to which i do not prefer this pair for trading and also suggest all the new traders not to do trade with this pair....

Gbp/usd technical analysis

date : 10.15.2013
time : 12:45 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 42.04

2) MACD (26,12,9)
value: -0.0001

3) ADX (14)
value: 20.31

4)CCI(14)
value: 44.59

overall trend - slightly bearish.

Gbp/usd technical analysis

date : 10.17.2013
time : 03:00 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 72.46

2) MACD (26,12,9)
value: 0.0007

3) ADX (14)
value: 53.15

4)CCI(14)
value: 96.82

overall trend - slightly bullish.

Gbp/usd technical analysis

date : 10.17.2013
time : 10:00 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 71.38

2) MACD (26,12,9)
value: 0.003

3) ADX (14)
value: 52.93

4)CCI(14)
value: 45.82

overall trend - strongly bullish.

Gbp/usd technical analysis

date : 10.18.2013
time frame : 15 min

indicator :

1) RSI (14)
value: 47.89

2) MACD (26,12,9)
value: -0.0001

3) ADX (14)
value: 27.73

4)CCI(14)
value: 49.18

overall trend - slightly bullish.