Technical Commentary :- In Weekly Chart :- Last two week Gbp/Usd was tested the 2010 year low and couldn’t able to break and its was closed above the yearly low so its confirming for the buying side upto next resistance level.we can buy near key support level and keep stoploss below this year low and except upto next resistance levels :- which we have shown in attached image.
In Daily Chart :- GbpUsd was formed key support level near 2010 year low, last 6 days its was closed above the 2010 year low and its was trading in the sideways movement between key resistance level and key support level and 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 and 1 Hour Chart :- GbpUsd was broken the equidistant channel line on lower side so its confirming for the selling zone and 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 and 1 Hour Chart :- GbpUsd was broken the equidistant channel line on lower side so its confirming for the selling zone and today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached 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 | ||
We are here to help you
