In daily chart :- Gbp/Usd was forming intraday key support level and its trading below key resistance line, So we can sell near resistance @ 1.5500 its confirming that for down :- We have shown in image.
Technical Commentary: In weekly chart GbpUsd was trading below key resistance line @ 1.5500 level amd last week its was closed lower and its couldn’t able to break a last week before week high.
In 4 hours chart & 1 hour chart Gbp/Usd was broken the equidistance channel lines on lower trend line side and its broken key support level So its confirming that on down side, we can sell near key resistance levels @ 1.5450 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 trend line side and its broken key support level So its confirming that on down side, we can sell near key resistance levels @ 1.5450 and expect correction upto next key support levels 1.5330 :- We have shown in image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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