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Gbp/Usd : 19/03/2015 Technical Analysis Report

19th March 2015 CFX Admin

Our Preference: Buy above 1.4800 with target of 1.4900.
Alternative Scenario: Nill
 
Technical Commentary: In daily chart :- Gbp/Usd was bounce back from the key support line of lower trend line and Gbp/Usd was broken the key resistance level 1.4800 and yesterday its closed above the key the resistance level of 1.4800 :- We have shown in image.
In 4 hour chart and 1 hour chart :- Gbp/Usd was broken the equidistant channel lines on upper side and now its trading above the upper trend line so we can buy near to channel line and upper trend line :- We have shown in image.


Technical Commentary: In daily chart :- Gbp/Usd was bounce back from the key support line of lower trend line and Gbp/Usd was broken the key resistance level 1.4800 and yesterday its closed above the key the resistance level of 1.4800 :- We have shown in image.



In 4 hour chart and 1 hour chart :- Gbp/Usd was broken the equidistant channel lines on upper side and now its trading above the upper trend line so we can buy near to channel line and upper trend line :- We have shown in image.



In 4 hour chart and 1 hour chart :- Gbp/Usd was broken the equidistant channel lines on upper side and now its trading above the upper trend line so we can buy near to channel line and upper trend line :- We have shown in image.



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