Technical Outlook For Gbp-Usd 24-8-2015

Technical Outlook For Gbp-Usd 24-8-2015

Gbp/Usd pair moved last Friday in the average price movement of 66 Pips, it recorded the highest level at 1.5722 the lowest levels at 1.5656 levels and closed at 1.5690 to Gain Just two pips according to Friday's economic data.

The pair opened today at 1.5673 oscillatory between the 1.5660 and the 1.5696 levels during the Asian session in a trading average of 36 pips for the limitation of the market liquidity, and in the European session the pair went down to 1.5630

The pair is moving in a series of up impulse inside the parallel price channel.

It is expected that the pair Pound against the dollar will go to targeted level at 1.5770 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: 1.5656 and 1.5623 and 1.5590
Resistance levels: 1.5722 and 1.5755 and 1.5788
More Technical Outlook Fx-stations

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Technical Outlook for GBPUSD 28-7-2015

Gbp/Usd pair moved yesterday in the average price movement of 105 Pips, it recorded the highest level at 1.5594 the lowest levels at 1.5489 levels and closed at 1.5556 to Gain 47 pips according to yesterday's economic data.

The pair opened today at 1.5556 oscillatory between the 1.5551 and the 1.5579 levels during the Asian session in a trading average of 28 pips for the limitation of the market liquidity, and in the European session the pair went down to 1.5541

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 1.5575 in the next few hours According to economic data today.

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: 1.5498 and 1.5441 and 1.5393

Resistance levels: 1.5603 and 1.5651 and 1.5708

More Technical Outlook FxStations

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Technical Outlook For Gbp-Usd 7-7-2015

Technical Outlook For Gbp-Usd 7-7-2015

Gbp/Usd pair move yesterday in the average price movement of 95 PIPs, it records the highest level at 1.5603 the lowest levels at 1.5534 levels and closed at 1.5604 to Lose 42 pips according to yesterday’s economic data.

The pair opened today at 1.5604 oscillatory between the 1.5584 and the 1.5609 levels during the Asian session in a trading average of 25 pips for the limitation of the market liquidity, and in the European session the pair went down to 1.5555

The pair is moving in a series of down corrective waves and achieved our target at 50% FIBO retracement

It is expected that the pair Pound against the dollar will go to targeted level at 1.5511 in the next few hours According to economic data today.

Today at 08:30 we are looking for manufacturing production m/m 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: up

Support levels: 1.5557 and 1.5511 and 1.5488

Resistance levels: 1.5626 and 1.5649 and 1.5695
For More Technical Outlook FxStations

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