Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GBP/USD Sybmol in 30M Time Frame Chart is: 1.3100 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: 1.3140
- Resistance Level 2: 1.3120
- Resistance Level 1: 1.3100
Technical analysis of GBP/USD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.3055
- Support Level 2: 1.3020
- Support Level 3: 1.3000
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 1.3100 with first target at 1.3055 and second target at 1.3020 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.3100 with first target at 1.3120 and second target at 1.3140 in extension as take profits