Technical Outlook For Gbp-Usd 13-8-2015

Technical Outlook For Gbp-Usd 13-8-2015

Gbp/Usd pair moved yesterday in the average price movement of 127 Pips, it recorded the highest level at 1.5659 the lowest levels at 1.5533 levels and closed at 1.5608 to Gain 37 pips according to yesterday's economic data.

The pair opened today at 1.5607 oscillatory between the 1.5605 and the 1.5634 levels during the Asian session in a trading average of 29 pips for the limitation of the market liquidity.

The pair is moving in a series of up impulse waves after breaking the wedge.

We saw the pair achieved our target at 1.5595

It is expected that the pair Pound against the dollar will go to targeted level at 1.5655 in the next few hours According to the economic data today.

The Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market

Medium term trend: up

Support levels: 1.5541 and 1.5474 and 1.5415

Resistance levels: 1.5667 and 1.5726 and 1.5793
 

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Technical Outlook For Gbp/Usd 5-8-2015

Technical Outlook For Gbp/Usd 5-8-2015

Gbp/Usd pair moved yesterday in the average price movement of 75 Pips, it recorded the highest level at 1.5632 the lowest levels at 1.5556 levels and closed at 1.5561 to lose 23 pips according to yesterday's economic data.

The pair opened today at 1.5560 oscillatory between the 1.5530 and the 1.5568 levels during the Asian session in a trading average of 38 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.5588

The pair is moving in a series of down corrective waves after breaking the wedge.

It is expected that the pair Pound against the dollar will go to targeted level at 1.5620 in the next few hours According to the economic data today.

The Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market

Medium term trend: up

Support levels: 1.5534 and 1.5507 and 1.5458

Resistance levels: 1.5610 and 1.5659 and 1.5686

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Technical Outlook for GBP-USD 22-7-2015

Technical Outlook for GBP-USD 22-7-2015

Gbp-Usd pair moved yesterday in the average price movement of 61 Pips, it recorded the highest level at 1.5589 the lowest levels at 1.5528 levels and closed at 1.5554 to lose just two pips according to yesterday's economic data.

The pair opened today at 1.5554 oscillatory between the 1.5550 and the 1.5577 levels during the Asian session in a trading average of 27 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.5623

The pair is moving in a series of Down Corrective waves after breaking the wedge.

It is expected that the pair Pound against the dollar will go to targeted level at 1.5510 in the next few hours According to economic data today.

The Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market

Medium term trend: Down

Support levels: 1.5525 and 1.5496 and 1.5464

Resistance levels: 1.5586 and 1.5618 and 1.5647

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Technical Analysis for Gbp-Usd 14-7-2015

Technical Analysis for Gbp-Usd  14-7-2015

Gbp/Usd pair move yesterday in the average price movement of 109 PIPs, it recorded the highest level at 1.5588 the lowest levels at 1.5478 levels and closed at 1.5486 to Lose 32 pips according to Yesterday’s economic data.

The pair opened today at 1.5486 oscillatory between the 1.5471 and the 1.5491 levels during the Asian session in a trading average of 20 pips for the limitation of the market liquidity, and in the European session the pair went down to 1.5450

The pair is moving in a series of down corrective waves after breaking the wedge.

It is expected that the pair Pound against the dollar will go to targeted level at 1.5370 in the next few hours According to economic data today.

Today at 09:15 we are looking for Inflation Report Hearings from UK

The Relative Strength Indicator "RSI" show us distribution operations at the market and the control of Bears on the market

Medium term trend: Down

Support levels: 1.5446 and 1.5407 and 1.5336

Resistance levels: 1.5556 and 1.5627 and 1.5666
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