Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GBP/USD Sybmol in 30M Time Frame Chart is: 1.2340 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: 1.2470
- Resistance Level 2: 1.2450
- Resistance Level 1: 1.2430
Technical analysis of GBP/USD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.2340
- Support Level 2: 1.2310
- Support Level 3: 1.2290
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.2340 with first target at 1.2430 and second target at 1.2450 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.2340 with first target at 1.2310 and second target at 1.2290 in extension as take profits
