GBPUSD dips in Forex this morning, still strong uptrend for the week

2014.01.24 13:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.01.24

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading at the 1.65975 price level and has fallen under the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.66671 while the low of day has reached to 1.65969. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower as the day has progressed.

Daily Pivot Point: 1.66114
— S1 – 1.65803
— S2 – 1.65247
— S3 – 1.64936
— R1 – 1.66670
— R2 – 1.66981
— R3 – 1.67537


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.01.24

Prices are currently trading  sharply over the weekly pivot point and just under the R2 resistance level at time of writing. The GBPUSD has been on a strong bullish trend this week after opening the trading week virtually on top of  the weekly pivot.

Weekly Pivot Point: 1.64123
— S1 – 1.63177
— S2 – 1.62135
— S3 – 1.61189
— R1 – 1.65165
— R2 – 1.66111
— R3 – 1.67153


By CountingPips.comForex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.