GBPUSD Forex Trading Pivot Point Levels for 2014.05.07

2014.05.07 12:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.05.07

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 1.69695 price level and over the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.69852 while the low of day has reached to 1.69642. The pair earlier today opened the Asian trading session above the daily pivot and has trended sideways so far today.

Daily Pivot Point: 1.69443
— S1 – 1.68933
— S2 – 1.68136
— S3 – 1.67626
— R1 – 1.70240
— R2 – 1.70750
— R3 – 1.71547


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.05.07

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

Weekly Pivot Point: 1.68535
— S1 – 1.67890
— S2 – 1.67118
— S3 – 1.66473
— R1 – 1.69307
— R2 – 1.69952
— R3 – 1.70724


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

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