The Euro Held Steady Against The U.S. Dollar Today !

 SUMMARY:

The primary trend of GBP/USD is pessimistic. however from last two weeks its showing some profit booking at lower levels. The combine is facing support from the rising line and consolidating concerning it. 1.6270 may be a vital terms and breaching of it will show draw back movement, market is taking resistance from 30 SMA and MACD line has recently poor the zero line that is additionally indicating the pessimistic sentiment within the market. The combine will show draw back movement for few future sessions. One will initiate the short position within the combine below the extent of one.6270 as we are able to expect it to come back all the way down to the degree of one.6230

STRATERGY :- 

For these days, GBP/USD is trying weak on chart. we are able to expect draw back movement for few future session. One will choose sell on higher level strategy for this combine for intra day to middle term positions.

Pivot Points

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.2615	1.2656	1.2703	1.2744	1.2791	1.2832	1.2879
GBP/USD	1.6210	1.6242	1.6280	1.6312	1.6350	1.6382	1.6420
USD/JPY	107.47	107.98	108.37	108.88	109.27	109.78	110.17
USD/CHF	0.9373	0.9411	0.9438	0.9476	0.9503	0.9541	0.9568
AUD/USD	0.8624	0.8697	0.8742	0.8815	0.8860	0.8933	0.8978
EUR/GBP	0.7737	0.7760	0.7787	0.7810	0.7837	0.7860	0.7887
USD/CAD	1.0990	1.1021	1.1065	1.1096	1.1140	1.1171	1.1215
NZD/USD	0.7688	0.7798	0.7862	0.7972	0.8036	0.8146	0.8210

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