FxWirePro
Long

GBP/USD takes support near 10-day MA, good to buy on dips

FX:GBPUSD   British Pound / U.S. Dollar
238 0 15
Major support – 1.3012 (10 day MA) .

Cable clocked a fresh two week high at 1.31853 on Friday and started to decline from that level.

The pair has declined till 1.30228 and taken support near 10 – day MA. It is currently trading around 1.31099.

It should close below 1.3012 (10 –day MA) for major weakness .Any break below 1.3100 will drag the pair till 1.2960/1.2855.

On the higher side, the pair should break above 1.3185 and any comfortable break above that level will take the pair to next level till 1.3310 (23.6% retracement of 1.51086 and 1.27893).

It is good to buy on dips around 1.3085-.3090 with SL around 1.3010 for the TP of 1.3185/1.3310
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out