Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Forex
Daily Market Analytics - Forex
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="FXOpen Trader, post: 339158, member: 104606"] [B][SIZE=5]GBPUSD Technical Analysis – 05th MAR, 2024 GBPUSD – Price is back over the pivot point[/SIZE][/B] [img]https://i.imgur.com/3zVexJ4.png[/img] GBPUSD started his week into a consolidation channel after which we can see some downside moves touching a low of 1.2670 today in the Asian trading session. Now again the prices of Pound have entered into a consolidation wave which is expected to last for around 12 hrs. We can see that the Price is back over the pivot point in the 4-hourly timeframe indicating a bullish trend present in the markets. We have also seen a bullish opening of the markets this week. We can see the formation of Bullish trend reversal pattern with the adaptive moving average AMA20 in the 1-hourly timeframe. [B]GBPUSD is now trading above its 100-hour SMA and below its 200-hour SMA simple moving average:[/B] [LIST] [*] Pound bullish reversal seen above the 1.2600 mark. [*] Short-term range appears to be Mild Bullish. [*] GBPUSD continues to remain above the 1.2670 levels. [*] Average true range ATR is indicating less market volatility. [/LIST] GBPUSD is now trading below its Pivot levels of 1.2682 and is moving into a Bullish channel. The price of GBPUSD is aiming to cross its Classic resistance levels of 1.2691 and the next target is located at 1.2702 which is a 38.2% Retracement From 13 Week High. [I][B]Note:[/B] This Analytics is created by me and is based on my own personal Forex trading experience of 10 years. I am using my trading experience to help Experienced and Newbie traders and they should know about the risks of Forex trading.[/I] [B][URL="https://fxopen.com/blog/en/?utm_source=tptforum&utm_medium=analysis&utm_campaign=resolve"]For in-depth analysis, please check FXOpen Blog[/URL][/B] [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Forex
Daily Market Analytics - Forex
Top