GBPUSD Forex Trading Pivot Point Levels for 2013.10.18

2013.10.18 13:30 6:30AM ET | GBPUSD Currency Pair

Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair. Price action is currently trading over the daily pivot point at the 1.62136 price level, according to data at 6:30 AM ET on Friday Oct 17th. The pair opened the Asian trading session earlier today above the daily pivot and has continued its bullish action of the week into today.

Daily Pivot Point: 1.60911
— S1 – 1.60111
— S2 – 1.58590
— S3 – 1.57790
— R1 – 1.62432
— R2 – 1.63232
— R3 – 1.64753


Weekly Pivot Points: GBPUSD

Prices are also currently trading well above the weekly pivot point at time of writing. The GBPUSD has been on a bullish pace later in the week after the US government debt ceiling deal came through. The pair had opened the trading week below the weekly pivot and see-sawed around the pivot level earlier in the week before the bulls put wind into this pair.

Weekly Pivot Point: 1.59958
— S1 – 1.58683
— S2 – 1.57855
— S3 – 1.56580
— R1 – 1.60786
— R2 – 1.62061
— R3 – 1.62889


Monthly Pivot Point: 1.59633
— S1 – 1.57258
— S2 – 1.52673
— S3 – 1.50298
— R1 – 1.64218
— R2 – 1.66593
— R3 – 1.71178

 

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