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Gbp/Usd : 26/03/2015 Technical Analysis Report

26th March 2015 CFX Admin

Our Preference: Sell below 1.4950 for the target of 1.4850 & 1.4750.
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 for the target of 1.4820 :- 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 below the key resistance level so we can sell below 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 for the target of 1.4820 :- 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 below the key resistance level so we can sell below 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 below the key resistance level so we can sell below key resistance level and upper trend line 1.5000 levels :- We have shown in attached image.



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