technical analysis for GBPUSD

  • Thread starter Thread starter mahmoud
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mahmoud

Trader
Jun 24, 2011
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waiting for your opinions about it
 
I think that the price will pass 1.5445 level. After that, the price will go to the level of 1.5315 or further.
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I’m having a bid order on gbpusd until the price reaches the level of support at 1.5210.
 
Well, the asset moves as I’ve predicted. I think that I can earn even more on gbpusd! Definitely, the show must go on
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I think that the price will reach 1.5510 level. After that, the price will return to the level of 1.5240 or further. gbpusdv.jpg
 
I’m having a ask order on GBP/USD until the price reaches the level of resistance at 1.51550. After that, I’m starting to sell.

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GBP/USD Technical Signal For 30th December
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(Last Price: 1.4816)
SELL, Entry = 1.4792, SL = 1.4832, TP = 1.4752
if wrong then BUY, Entry = 1.4832, SL = 1.4792, TP = 1.4872
 
" My view on GBPUSD - Price is already in a great support area across all higher time frame, but the downtrend is still intact. Price will break through 1.45540 and can go upto 1.42235 , and can have a retrace upto 1.50755. Let know your views."

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The currency pair continues to make new local lows. At the moment, the immediate goal of 1.4100. In the breakout can be sold for the purpose of 1.4000
 
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Currently, it seems GBP is in continuation trend and is likely to go further high if the symmetric triangle lines are broken up by the trend. Likewise can go down if it breaks the upward slopping trend line.
 
Already in a small buy, take profit at 1.4480. Price actions seems to be bullish. If price comes to 1.4352 area again good to buy. lets see

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The pound has almost reached the first target for reduction. Then we have to wait how the situation will develop further, and enter the sample or rebound from the level.