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Daily GBP/USD Analysis

alfonso
user 63588242
London, GB
Post #: 207
2012-12-27 14:17 GMT

GBPUSD
HIGH: 1.61211 | LOW: 1.60981 | BID: 1.61189 | ASK: 1.61199 | CHANGE: 0.13% | TIME: 07:51:56

OUTLOOK SUMMARY: Neutral
TREND CONDITION: Sideway
TRADERS SENTIMENT: Bearish
IMPLIED VOLATILITY: Low

Upwards scenario: Market sentiment looks neutral and upside movement is limited to resistance level at 1.6127 (R1). Surpassing of this level might enable next target at 1.6139 (R2) and any further gain would then be limited to last resistance at 1.6152 (R3). Downwards scenario: A break below the support at 1.6102 (S1) would allow bears remaining in play on the medium-term perspective. Next targets could be found at 1.6090 (S2) and 1.6078 (S3).

Resistance Levels: 1.6127, 1.6139, 1.6152
Support Levels: 1.6102, 1.6090, 1.6078


Source: FX Central Clearing Ltd, ()
alfonso
user 63588242
London, GB
Post #: 211
2012-12-31 07:14 GMT

TECHNICAL ANALYSIS

GBPUSD
HIGH: 1.61731 | LOW: 1.61507 | BID: 1.61551 | ASK: 1.61561 | CHANGE: -0.06% | TIME: 08:02:35

OUTLOOK SUMMARY: Down
TREND CONDITION: Down trend
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Low

Upwards scenario: The pair might face key resistive bastion at 1.6169 (R1). A break above it might activate upside pressure and suggest the short-term targets at 1.6177 (R2) and 1.6186 (R3). Downwards scenario: Break below the support at 1.6152 (S1), would signal an end of retracement phase and open way for downtrend formation on the medium-term perspective. Possible targets could be found at 1.6144 (S2) and 1.6136 (S3).

Resistance Levels: 1.6169, 1.6177, 1.6186
Support Levels: 1.6152, 1.6144, 1.6136


Source: FX Central Clearing Ltd, ()
alfonso
user 63588242
London, GB
Post #: 215
2013-01-02 04:07 GMT

TECHNICAL ANALYSIS

GBPUSD
HIGH: 1.63804 | LOW: 1.62277 | BID: 1.63200 | ASK: 1.63215 | CHANGE: 0.43% | TIME: 08:01:29

OUTLOOK SUMMARY: Up
TREND CONDITION: Up trend
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Medium

Upwards scenario: The next hurdle on the upside lies at 1.6381, any uptrend action above it would put in focus resistance barrier at 1.6402 as the near-term target. Next on tap final resistance at 1.6422. Downwards scenario: Today portion of the economic data releases might have significant effect on the price action, the 1.6292 mark is key support level in near-term perspective. Below here opens way towards to expected targets at 1.6270 and 1.6248.

Resistance Levels: 1.6381, 1.6402, 1.6422
Support Levels: 1.6292, 1.6270, 1.6248


Source: FX Central Clearing Ltd, ()
alfonso
user 63588242
London, GB
Post #: 219
2013-01-03 05:55 GMT

GBPUSD
HIGH: 1.62551 | LOW: 1.62014 | BID: 1.62219 | ASK: 1.62231 | CHANGE: -0.19% | TIME: 07:48:14

OUTLOOK SUMMAR: Down
TREND CONDITION: Downward penetration
TRADERS SENTIMENT: Bearish
IMPLIED VOLATILITY: High

Upwards scenario: Our next resistance level is placed at 1.6258 (R1). Progress above it might enable next step of uptrend development and expose our targets at 1.6277 (R2) and 1.6295 (R3). Downwards scenario: Retracement development is limited to the next support level at 1.6201 (S1). Clearance here might change trader’s sentiment to bearish and open road towards to next targets, located at 1.6183 (S2) and 1.6164 (S3).

Resistance Levels: 1.6258, 1.6277, 1.6295
Support Levels: 1.6201, 1.6183, 1.6164

Source: FX Central Clearing Ltd, (FXCC Learn Forex Training Tips | Best Forex Broker Demo Account | ECN Forex Trading Blog)
alfonso
user 63588242
London, GB
Post #: 223
2013-01-04 05:03 GMT

TECHNICAL ANALYSIS

USDJPY
HIGH: 87.831 | LOW: 87.239 | BID: 87.753 | ASK: 87.757 | CHANGE: 0.6% | TIME: 07:59:51

OUTLOOK SUMMARY: Up
TREND CONDITION: Up trend
TRADERS SENTIMENT: Bearish
IMPLIED VOLATILITY: High

Upwards scenario: USDJPY gained momentum, turning intraday bias to the positive side. Our next resistance level for today is hold at 87.85 (R1). Rise above it might open route towards to next targets at 88.16 (R2) and 88.47 (R3). Downwards scenario: On the downside our reference point locates at 87.52 (S1), decrease below it might enable bearish pressure, targeting 87.23 (S2) and any further fall would then be limited by last support level at 86.94 (S3).

Resistance Levels: 87.85, 88.16, 88.47
Support Levels: 87.52, 87.23, 86.94

Source: FX Central Clearing Ltd, ()
alfonso
user 63588242
London, GB
Post #: 227
2013-01-07 06:06 GMT

TECHNICAL ANALYSIS

GBPUSD
HIGH: 1.60817 | LOW: 1.60211 | BID: 1.60263 | ASK: 1.60275 | CHANGE: -0.27% | TIME: 07:50:32

OUTLOOK SUMMARY: Down
TREND CONDITION: Downward penetration
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Medium

Upwards scenario: Cable has bounced back, however If it manages to break above the next resistance level at 1.6082 (R1), we expect to see new step of uptrend development with possible targets at 1.6119 (R2) and 1.6160 (R3). Downwards scenario: Market sentiment has improved for the bearish oriented traders. Friday low is acting now as key support level at 1.6003 (S1), clearance here is required to attack lower targets at 1.5964 (S2) and 1.5924 (S3).

Resistance Levels: 1.6082, 1.6119, 1.6160
Support Levels: 1.6003, 1.5964, 1.5924


Source: FX Central Clearing Ltd, (FXCC Learn Forex Training Tips | ECN Forex Trading Blog | Best Forex Broker Demo Account)
alfonso
user 63588242
London, GB
Post #: 231
2013-01-08 03:00 GMT

TECHNICAL ANALYSIS

GBPUSD
HIGH: 1.61286 | LOW: 1.61014 | BID: 1.61026 | ASK: 1.61036 | CHANGE: -0.07% | TIME: 08:20:36

OUTLOOK SUMMARY: Up
TREND CONDITION: Upward penetration
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: Medium

Upwards scenario: Both moving averages support current retracement formation from its initial downtrend. Positive market sentiment might be found above the key resistance level at 1.6130 (R1). Above here is possible appreciation towards to our resistance levels at 1.6148 (R2) and 1.6166 (R3). Downwards scenario: Next support level is seen at 1.6093 (S1), drop below it would suggest next target at 1.6076 (S2) and any further fall would then be targeting 1.6058 (S3).

Resistance Levels: 1.6130, 1.6148, 1.6166
Support Levels: 1.6093, 1.6076, 1.6058

Source: FX Central Clearing Ltd, ()
alfonso
user 63588242
London, GB
Post #: 235
2013-01-11 06:25 GMT

GBPUSD
HIGH: 1.61773 | LOW: 1.61441 | BID: 1.61486 | ASK: 1.61497 | CHANGE: -0.11% | TIME: 08:17:24



OUTLOOK SUMMARY: Up
TREND CONDITION: Up trend
TRADERS SENTIMENT:Bearish
IMPLIED VOLATILITY: Medium

Upwards scenario: If GBPUSD gains momentum and rose above the resistance at 1.6177 (R1), we expect further uptrend formation with next targets at 1.6191 (R2) and 1.6204 (R3) later on today. Downwards scenario: A short-term negative tendency might face immediate support at 1.6141 (S1). Below here open route towards to expected targets at 1.6127 (S2) and 1.6112 (S3).

Resistance Levels: 1.6177, 1.6191, 1.6204
Support Levels: 1.6141, 1.6127, 1.6112

Source: FX Central Clearing Ltd, (FXCC ECN Forex Trading Blog | Best Forex Broker Demo Account | Learn Forex Training Tips)
alfonso
user 63588242
London, GB
Post #: 239
2013-01-14 06:11 GMT

TECHNICAL ANALYSIS

GBPUSD
HIGH: 1.61544 | LOW: 1.61168 | BID: 1.61397 | ASK: 1.61409 | CHANGE: 0.08% | TIME: 08:02:50

OUTLOOK SUMMARY: Up
TREND CONDITION: Sideway
TRADERS SENTIMENT: Bearish
IMPLIED VOLATILITY: Medium

Upwards scenario: The GBPUSD is now losing upside momentum after the former strength. Next resistance ahead is seen at 1.6158 (R1). Rising up above this level would suggest next targets at 1.6180 (R2) and 1.6200 (R3) in potential Downwards scenario: If instrument gains momentum on the downside, we expect to see penetration below the next support at 1.6127 (S1). In such scenario we suggest next targets at 1.6106 (S2) and 1.6083 (S3).

Resistance Levels: 1.6158, 1.6180, 1.6200
Support Levels: 1.6127, 1.6106, 1.6083

Source: FX Central Clearing Ltd, ()
alfonso
user 63588242
London, GB
Post #: 243
2013-01-15 06:23 GMT

TECHNICAL ANALYSIS

GBPUSD
HIGH: 1.60938 | LOW: 1.60674 | BID: 1.60713 | ASK: 1.60723 | CHANGE: -0.02% | TIME: 07:56:32

OUTLOOK SUMMARY: Neutral
TREND CONDITION: Sideway
TRADERS SENTIMENT: Bullish
IMPLIED VOLATILITY: High

Upwards scenario: Instrument trapped to the range mode condition on the medium-term perspective. Risks of market strengthening are seen above the next resistance level at 1.6097 (R1). Our suggested targets locates at 1.6117 (R2) and 1.6138 (R3). Downwards scenario: Signal of instrument depreciation would be created if it manages to surpass support level at 1.6064 (S1). Next support levels are seen at 1.6045 (S2) and 1.6026 (S3).

Resistance Levels: 1.6097, 1.6117, 1.6138
Support Levels: 1.6064, 1.6045, 1.6026

Source: FX Central Clearing Ltd, (FXCC Best Forex Broker Demo Account | ECN Forex Trading Blog | Learn Forex Training Tips)
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