GBPUSD Forex Trading Pivot Point Levels: Cable declines under 1.6900

2014.05.22 12:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.05.22

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 1.68762 price level and under the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.69162 while the low of day has reached to 1.68610. The pair earlier today opened the Asian trading session above the daily pivot and has trended steadily lower into the North American session.

Daily Pivot Point: 1.68829
— S1 – 1.68454
— S2 – 1.67928
— S3 – 1.67553
— R1 – 1.69355
— R2 – 1.69730
— R3 – 1.70256

Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.05.22

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall bullish trend this week after opening the trading week very close at the weekly pivot while the pair has hit resistance at the R1 resistance area.

Weekly Pivot Point: 1.68158
— S1 – 1.67295
— S2 – 1.66441
— S3 – 1.65578
— R1 – 1.69012
— R2 – 1.69875
— R3 – 1.70729

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.