In daily chart :- Gbp/Usd was broken last 2 years low and closed below key support level 1.4820 :- We have shown in image.
Technical Commentary: In weekly chart :- Last week GbpUsd was closed below last 2 years low of year 2013,so its confirming that for selling trend so be caution on buy side, without stoploss don’t enter, so we can sell near the major key resistance of 1.4800 levels :- We have shown in image.
In 4 hour chart and 1 hour chart Gbp/Usd was trading in the equidistant channel with intraday upper trend line, So we can sell near upper trend line :- We have shown in image.
In 4 hour chart and 1 hour chart Gbp/Usd was trading in the equidistant channel with intraday upper trend line, So we can sell near upper trend line :- 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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