why are my numbers so different???

[julienne]

good morning,
I found this this morning about the cable, my quotes, for my game are in the 1.95 area, what is this 2.02 ???

"GBP/USD Daily
R3: 2.0280
R2: 2.0250
R1: 2.0210/20
Current Price: 2.0160
S1: 2.0120
S2: 2.0080
S3: 2.0040/50
Rate finds offers capping strength in the 2.0200/20 area as expected and is falling back to test support at or around the 2.0100 area; look for a reversal later should stops be found under the 2.0080 area from late longs. Strong sell signal given today also suggests rate is topping, aggressive traders can sell above the 2.0180 area if we get it again today. Stops above the market at 2.0240/50 area likely out of reach today. Close under the 2.0080 area opens the door for a test of the 2.0000 area in my view.

Analysis by: Jason Alan Jankovsky in Association with The Forex Edge"

thank you for whatever help you can give, julienne

[daydreamer65]

Originally Posted by julienne

good morning,
I found this this morning about the cable, my quotes, for my game are in the 1.95 area, what is this 2.02 ???

"GBP/USD Daily
R3: 2.0280
R2: 2.0250
R1: 2.0210/20
Current Price: 2.0160
S1: 2.0120
S2: 2.0080
S3: 2.0040/50
Rate finds offers capping strength in the 2.0200/20 area as expected and is falling back to test support at or around the 2.0100 area; look for a reversal later should stops be found under the 2.0080 area from late longs. Strong sell signal given today also suggests rate is topping, aggressive traders can sell above the 2.0180 area if we get it again today. Stops above the market at 2.0240/50 area likely out of reach today. Close under the 2.0080 area opens the door for a test of the 2.0000 area in my view.

Analysis by: Jason Alan Jankovsky in Association with The Forex Edge"

thank you for whatever help you can give, julienne

This must be an old "pivot point" signal from a few weeks ago,
the R1, R2, R3 are resistance levels & S1, S2, S3 are support levels.

For more info on pivot points.

Pivot Points | 8th Grade: Pivot Points | Learn Forex Trading