Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GBP/USD Sybmol in 30M Time Frame Chart is: 1.2155 and Preferred situation is Bullish.
Forex Daily Support and Resistance Lines:
Technical analysis of GBP/USD: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 1.2260
- Resistance Level 2: 1.2240
- Resistance Level 1: 1.2220
Technical analysis of GBP/USD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.2155
- Support Level 2: 1.2130
- Support Level 3: 1.2110
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.2155 with first target at 1.2220 and second target at 1.2240 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.2155 with first target at 1.2130 and second target at 1.2110 in extension as take profits