GBPUSD bullish trend extends to 1.6465 in forex market trading

2013.12.10 13:30 6:30AM ET | GBPUSD Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading above the daily pivot point at the 1.64528 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.64646 while the low of day reached to 1.64179. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower/higher over the course of the day with resistance being found at the R1 resistance level at 1.6465.

SC GBPUSD 2013.12.10

Daily Pivot Point: 1.63935
— S1 – 1.63557
— S2 – 1.62840
— S3 – 1.62462
— R1 – 1.64652
— R2 – 1.65030
— R3 – 1.65747


Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly pivot point and above the R1 weekly resistance level at time of writing. The GBPUSD has been on an overall bullish trend this week after opening the trading week slightly below the weekly pivot.

SC GBPUSD 2013.12.10

Weekly Pivot Point: 1.63586
— S1 – 1.62758
— S2 – 1.62068
— S3 – 1.61240
— R1 – 1.64276
— R2 – 1.65104
— R3 – 1.65794

 


By CountingPips.com – Forex Trading Apps & Currency Trade Tools

 

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