GBPUSD Trendflow sebiforex

Psychological Levels Indicator for GBP/USD

This indicator highlights key psychological price levels on the GBP/USD chart. These are round-number levels (such as 1.2500, 1.2600, 1.2700, etc.) that often act as strong support and resistance zones due to the way traders perceive and react to them. Institutional traders and retail traders alike tend to place orders around these whole and half-number price levels, making them significant turning points in the market.

The indicator automatically plots major psychological levels (e.g., every 100 pips) and optionally minor ones (e.g., every 50 or 25 pips), providing a clear visual guide to areas of potential market reaction.

Key Features:

Highlights major round-number levels (e.g., 1.2500, 1.2600, etc.)
Optional minor levels (e.g., 1.2550, 1.2575, etc.)
Works on all timeframes
Helps identify support/resistance zones and confluence areas
Ideal for scalpers, day traders, and swing traders
These levels can help you anticipate potential price reactions, improve trade entries/exits, and increase overall market awareness.