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gbp/usd daily analysis

Discussion in 'Making Money' started by newpro, May 10, 2011.

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  1. newpro

    newpro Newbie

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    hello guys you people can find daily analsyis of gbp/usd/usd in this thred.if you people need any help send me pm

    GBPUSD looking downtrend from 1.6745. up move from 1.6270 is treated as retracement of of downtrend. few days gbp/usd will trade between 1.6270 and 1.6463. As long as 1.6463 resistance holds, we can expect downtrand again . and another fall towards 1.6150-1.6200 is possible. a break above 1.6463 will indicate that the fall from 1.6745 has completed at 1.6270 . then next rally could be seen to 1.6545 area.
    CHECK SUPOPORT AND RESISTNCE LEVELS HERE

    S3 S2 S1 PIVOT R1 R2 R3
    1.6378 1.6385 1.6389
    1.6396
    1.64 1.6407 1.6411
     
    Last edited: May 10, 2011
  2. newpro

    newpro Newbie

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    GBPUSD still downtrend from 1.6745, and the uptrend form 1.6270 is treated as retracemnet of downtrend. trading between 1.6270 and 1.6463 is expected in coming days . As long as 1.6463 resistance holds, downtrend is expected another fall towards 1.6150-1.6200 is possible. Only a break above 1.6463 will indicate that the fall from 1.6745 has completed at 1.6270 then further up side we can expect at 1.6545.you can chekc support and ressistence here


    S3 S2 S1 PIVOT R1 R2 R3

    1.6348
    1.6354
    1.6362 1.6368 1.6376
    1.6382 1.639
     
  3. newpro

    newpro Newbie

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    GBPUSD top at 1.6516 on 4-hour chart. The fall from 1.6516 we can treat as retracemnet of downtrend from 1.6745. Another fall we can expect today towars 1.6150 area Key resistance is at 1.6516, break of thhis level we can expect 1.700 in coming days
     
  4. zen19

    zen19 Elite Member

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    This isnt a forex board, and your threads are not on topic.

    Dont open any more of these or i'll remove your posting rights.
     
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