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Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of GBP/USD Chart in 30M Time Frame is: 1.3390 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 1.3390 with first target at 1.3340 and second target at 1.3320 in extension as take profits.
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Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of GBP/USD Sybmol in 30M Time Frame Chart is: 1.3390 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: 1.3420
  • Resistance Level 2: 1.3400
  • Resistance Level 1: 1.3390

Technical analysis of GBP/USD: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 1.3340
  • Support Level 2: 1.3320
  • Support Level 3: —

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 1.3390 with first target at 1.3340 and second target at 1.3320 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 1.3390 with first target at 1.3400 and second target at 1.3420 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of GBP/USD

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