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Gbp/Usd : 23/03/2015 Technical Analysis Report

23rd March 2015 CFX Admin

Our Preference: Sell below 1.5000 for the target of 1.4850.
Alternative Scenario: Nill
 
Technical Commentary: In weekly chart : Gbp/Usd was closed on higher side after tested back from May2013 low,now its trading in the key resistance level is 1.5000 level :- We have shown in attached image.
In Daily chart, Eur/Usd was trading below key support levels and yesterday it was closed above the key support level 1.4830 level So we can except upto next key resistance level 1.5000.
In 4 hour chart and 1 hour chart :- Gbp/Usd was trading in the triangle pattern near upper trend line and trading below key resistance level so we can sell near key resistance level and upper trend line so today we can sell near key resistance @ 1.5000 Levels:- We have shown in image.


In Daily chart, Eur/Usd was trading below key support levels and yesterday it was closed above the key support level 1.4830 level So we can except upto next key resistance level 1.5000.



Technical Commentary: In weekly chart : Gbp/Usd was closed on higher side after tested back from May2013 low,now its trading in the key resistance level is 1.5000 level :- We have shown in attached image.



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



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



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