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Gbp/Usd : 27/02/2015 Technical Analysis Report

27th February 2015 CFX Admin

Our Preference: Sell below1.5450 with target of 1.5360 in extension
Alternative Scenario: Nill
 
Technical Commentary: In daily chart :- Yesterday Gbp/Usd was broken lower trend line and also broken key support line So its confirming that for down :- We have shown in image.
In 4 hours chart & 1 hour chart Gbp/Usd was broken the equidistance channel lines on lower side and its broken key support level So its confirming that on down side, we can sell near key resistance levels and expect correction upto next key support levels 1.5330 :- We have shown in image.


Technical Commentary: In daily chart :- Yesterday Gbp/Usd was broken lower trend line and also broken key support line So its confirming that for down :- We have shown in image.



In 4 hours chart & 1 hour chart Gbp/Usd was broken the equidistance channel lines on lower side and its broken key support level So its confirming that on down side, we can sell near key resistance levels and expect correction upto next key support levels 1.5330 :- We have shown in image.



In 4 hours chart & 1 hour chart Gbp/Usd was broken the equidistance channel lines on lower side and its broken key support level So its confirming that on down side, we can sell near key resistance levels and expect correction upto next key support levels 1.5330 :- We have shown in image.



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