Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of GBP/USD Sybmol in 30M Time Frame Chart is: 1.2680 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: 1.2825
- Resistance Level 2: 1.2795
- Resistance Level 1: 1.2760
Technical analysis of GBP/USD: Support Lines of Day in 30M Time Frame:
- Support Level 1: 1.2680
- Support Level 2: 1.2650
- Support Level 3: 1.2615
Forex Trading Signals:
Our Preferred Senario is Long Positions (Buy) above 1.2680 with first target at 1.2760 and second target at 1.2795 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Short Positions (Sell) under 1.2680 with first target at 1.2650 and second target at 1.2615 in extension as take profits
