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Intraday forecastBritish Pound vs. US Dollar technical chart
SymbolGBPUSD
Release TimeThu, 01/10/2019 - 20:06
Advisebuy (limit) above S1=1.2725
Intraday
Short term
Yesterday range95
Yesterday high1.2803
Yesterday low1.2708
Yesterday close1.2788
R31.289
R21.2815
R11.278
S11.2725
S21.2705
S31.2615
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2725.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=1.278.
TP4: R2=1.2815.
Set the stoploss of these orders at breakout of S2=1.2705.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=1.2705.
In this situation, there is an expectation to reach the target S3=1.2615.
Set the stoploss of reverse orders at breakout of S1=1.2725.

Latest forecasts
Release Time Symbol Intraday R S
Thu, Jun 20 2019, 19:58 GBPUSD Subscribe! Subscribers Only Subscribers Only
Wed, Jun 19 2019, 20:54 GBPUSD free 1.276
1.2705
1.267
1.2605
1.2585
1.2495
Tue, Jun 18 2019, 20:30 GBPUSD Subscribe! Subscribers Only Subscribers Only
Mon, Jun 17 2019, 20:28 GBPUSD Subscribe! Subscribers Only Subscribers Only
Mon, Jun 17 2019, 12:00 GBPUSD Subscribe! Subscribers Only Subscribers Only