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Gbp/Usd : 25/03/2015 Technical Analysis Report

25th March 2015 CFX Admin

Our Preference: Sell below 1.5000 for the target of 1.4850.
Alternative Scenario: Nill
 
Technical Commentary: In Daily chart, Gbp/Usd was trading in range bound pattern between 1.5000 to 1.4700 levels and its trading with upper trend line and we have a good major support levels of 1.4820 & 1.4720 ,So we can except to sell below upper trend line 1.5000 levels :- We have shown in attached image.
In 4 hour chart and 1 hour chart :- Gbp/Usd was trading in the triangle pattern and its trading near upper trend line and its trading below the key resistance level so we can sell near key resistance level and upper trend line @ 1.5000 levels :- We have shown in attached image. 


Technical Commentary: In Daily chart, Gbp/Usd was trading in range bound pattern between 1.5000 to 1.4700 levels and its trading with upper trend line and we have a good major support levels of 1.4820 & 1.4720 ,So we can except to sell below upper trend line 1.5000 levels :- We have shown in attached image.



In 4 hour chart and 1 hour chart :- Gbp/Usd was trading in the triangle pattern and its trading near upper trend line and its trading below the key resistance level so we can sell near key resistance level and upper trend line @ 1.5000 levels :- We have shown in attached image.



In 4 hour chart and 1 hour chart :- Gbp/Usd was trading in the triangle pattern and its trading near upper trend line and its trading below the key resistance level so we can sell near key resistance level and upper trend line @ 1.5000 levels :- We have shown in attached image.



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