Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GBP/USD Sybmol in 30M Time Frame Chart is: 1.2500 and Preferred situation is Bearish.
Forex Daily Support and Resistance Lines:
Technical analysis of GBP/USD: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 1.2530
- Resistance Level 2: 1.2515
- Resistance Level 1: 1.2500
Technical analysis of GBP/USD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.2435
- Support Level 2: 1.2420
- Support Level 3: 1.2400
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 1.2500 with first target at 1.2435 and second target at 1.2420 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.2500 with first target at 1.2515 and second target at 1.2530 in extension as take profits