Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GBP/USD Sybmol in 30M Time Frame Chart is: 1.2435 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: 1.2500
- Resistance Level 2: 1.2465
- Resistance Level 1: 1.2435
Technical analysis of GBP/USD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.2360
- Support Level 2: 1.2330
- Support Level 3: 1.2295
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 1.2435 with first target at 1.2360 and second target at 1.2330 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.2435 with first target at 1.2465 and second target at 1.2500 in extension as take profits