Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GBP/USD Sybmol in 30M Time Frame Chart is: 1.2560 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: 1.2675
- Resistance Level 2: 1.2660
- Resistance Level 1: 1.2640
Technical analysis of GBP/USD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.2560
- Support Level 2: 1.2525
- Support Level 3: 1.2505
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.2560 with first target at 1.2640 and second target at 1.2660 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.2560 with first target at 1.2525 and second target at 1.2505 in extension as take profits