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Gbp/Usd : 14/06/2016 Technical Analysis Report

14th June 2016 CFX Admin

Our Preference: Sell Below 1.4200 for the target of 1.4050 levels
Alternative Scenario: Nill
 
Technical Commentary: In Daily Chart and 4 Hour Chart :- GbpUsd was broken the lower trend line and its trading below the lower trend line of  key support level so further we can except on selling side upto next support levels and we can sell near key resistance level and except upto next key support levels :- which we have shown in attached image. 
In 1 Hour Chart :- Gbp/Usd was broken the lower trend line and key support level of horizontal line so we can sell below the key resistance 1.4200 level and except upto next key support level :- which we have shown in attached image. 


Technical Commentary: In Daily Chart and 4 Hour Chart :- GbpUsd was broken the lower trend line and its trading below the lower trend line of key support level so further we can except on selling side upto next support levels and we can sell near key resistance level and except upto next key support levels :- which we have shown in attached image.



Technical Commentary: In Daily Chart and 4 Hour Chart :- GbpUsd was broken the lower trend line and its trading below the lower trend line of key support level so further we can except on selling side upto next support levels and we can sell near key resistance level and except upto next key support levels :- which we have shown in attached image.



In 1 Hour Chart :- Gbp/Usd was broken the lower trend line and key support level of horizontal line so we can sell below the key resistance 1.4200 level and except upto next key support level :- which we have shown in attached image.



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