{"id":20946,"date":"2011-05-04T01:53:50","date_gmt":"2011-05-04T05:53:50","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20946"},"modified":"2011-05-04T01:53:50","modified_gmt":"2011-05-04T05:53:50","slug":"gbpusd-technical-analysis-may04","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/05\/04\/gbpusd-technical-analysis-may04\/","title":{"rendered":"GBP\/USD Technical Analysis – May\/04"},"content":{"rendered":"

GBP\/USD Technical Analysis – May\/04<\/p>\n

By Praful Patat  05:00 GMT<\/p>\n

GBPUSD is consolidation on 1 hour chart, also trend line pass at 1.6483 (Wedge Formation pattern). Now GBPUSD is on 50.0% (1.6454) of 1.6164 to 1.6745, 61.8% (1.6387). GBPUSD retraced 38.2% (1.6625) of 1.6429 to 1.6745, extension 1.6830, 1.6940, still in progress.  In GBPUSP minor support is at 1.6429. GBPUSD break of 1.6683 resistances, next target will be 1.6830-1.6940 area. If GBPUSD will reverse from 1.6523, 1.6383 area, extension is at 1.6895, 1.7091 in bigger range.<\/p>\n

New High<\/strong>:  1.6573, 1.6672, 1.6585.<\/p>\n

New Low<\/strong>:  1.6376, 1.6475, 1.6388.<\/p>\n

Pivot Point<\/strong>: R3-1.6733, R2-1.6658, R1-1.6611, PP-1.6536, S1-1.6460, S2-1.6414, S3-1.6338.<\/p>\n

For more please Visit – ForexTradingEVO.com<\/a><\/p>\n

 <\/p>\n

\"GBPUSD<\/p>\n

 <\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Latest<\/strong><\/td>\nGBPUSD<\/strong><\/td>\n<\/tr>\n
Last<\/td>\n1.6472<\/td>\n<\/tr>\n
High<\/td>\n1.6660<\/td>\n<\/tr>\n
Low<\/td>\n1.6462<\/td>\n<\/tr>\n
5 day<\/td>\n1.6622<\/td>\n<\/tr>\n
10 day<\/td>\n1.6552<\/td>\n<\/tr>\n
20 day<\/td>\n1.6430<\/td>\n<\/tr>\n
50 day<\/td>\n1.6269<\/td>\n<\/tr>\n
100 day<\/td>\n1.6041<\/td>\n<\/tr>\n
200 day<\/td>\n1.5898<\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

GBP\/USD Technical Analysis – May\/04 By Praful Patat  05:00 GMT GBPUSD is consolidation on 1 hour chart, also trend line pass at 1.6483 (Wedge Formation pattern). Now GBPUSD is on 50.0% (1.6454) of 1.6164 to 1.6745, 61.8% (1.6387). GBPUSD retraced 38.2% (1.6625) of 1.6429 to 1.6745, extension 1.6830, 1.6940, still in progress.  In GBPUSP minor … <\/p>\n

Continue reading “GBP\/USD Technical Analysis – May\/04”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20946","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20946"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20946\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}