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GBP/USD (Pound Dollar) Technical Analysis - ForexAbode.com

GBP/USD Hourly Chart
GBP/USD Hourly Chart
GBP/USD Daily Chart
GBP/USD Daily Chart

Forex Trading : Daily Technical Analysis - GBP/USD (POUND DOLLAR)

GBP/USD Technical Analysis: 

Current 1.5374. Outlook: Short-term: Down. Mid-term: Volatile sideways/Down.

A short-selling position at 1.5380 with a stop-loss at 1.5425 (-45 pips) and take-profit target first at 1.5330 (+50 pips) and then 1.5300 (+80 pips).

Please check our longer term Forex trading analysis for GBP/USD under "Trading Approaches".

Note: Please subscribe to the "Forex Trading Alerts" on the right hand side of this page so that we can send email alerts as soon as we update the Daily Forex Technical analysis.

GBP/USD : Forex Technical Analysis - Daily Pivot Points

GBP/USD - Daily Pivot Point Calculations (GMT 00:00)

Last Updated (Friday, 03 September 2010 01:36) GMT

Standard Pivot Point for GBP/USD Fibonacci Pivot Point for GBP/USD Woodie Pivot Point for GBP/USD Camarilla Pivot Point for GBP/USD
R3 1.5554 R3 1.5503     R3 1.5432
R2 1.5503 R2 1.5464 R2 1.5503 R2 1.5423
R1 1.5453 R1 1.544 R1 1.5455 R1 1.5413
Pivot 1.5402 Pivot 1.5402 Pivot 1.5402 Pivot 1.5402
S1 1.5352 S1 1.5363 S1 1.5354 S1 1.5395
S2 1.5301 S2 1.5339 S2 1.5301 S2 1.5385
S3 1.5251 S3 1.5301     S3 1.5376
Open 1.5444 Open 1.5444 Open 1.5444 Open 1.5444
High 1.5451 High 1.5451 High 1.5451 High 1.5451
Low 1.5350 Low 1.5350 Low 1.5350 Low 1.5350
Close 1.5404 Close 1.5404 Close 1.5404 Close 1.5404

 
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