Gbp/Usd : 25/02/2016 Technical Analysis Report
25th February 2016
CFX Admin
Our Preference: Sell Below 1.4000 for the target 1.4880 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was trading below the key support level and trading below the 2010 year low so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading below the key resistance level horizontal line and its was trading below yearly low so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was the trading in the equidistant channel line and its trading below the key resistance level of horizontal line so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
Technical Commentary :- In Daily Chart :- GbpUsd was trading below the key support level and trading below the 2010 year low so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading below the key resistance level horizontal line and its was trading below yearly low so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was the trading in the equidistant channel line and its trading below the key resistance level of horizontal line so we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.