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Gbp/Usd : 13/04/2015 Technical Analysis Report

13th April 2015 CFX Admin

Our Preference: Sell Below 1.4720 for the target of 1.4650 & 1.4600 levels.
Alternative Scenario: Nill Today
 
Technical Commentary: Last week GbpUsd was closed on lower side and closed below key support level 1.4720 and next key support level is coming around 1.4250 levels :- We have shown in attached image.
In Daily chart :- GbpUsd was broken the major key support level of 1.4700 so we can sell below key resistance level of 1.4700 :- We have shown in attached image.
In 4 hour chart,Gbp/Usd was trading below the key resistance level of 1.4650 and 1.4720 levels so we can sell below this 2 major resistance level :- We have shown in attached image. 


Technical Commentary: Last week GbpUsd was closed on lower side and closed below key support level 1.4720 and next key support level is coming around 1.4250 levels :- We have shown in attached image.



In Daily chart :- GbpUsd was broken the major key support level of 1.4700 so we can sell below key resistance level of 1.4700 :- We have shown in attached image.



In 4 hour chart,Gbp/Usd was trading below the key resistance level of 1.4650 and 1.4720 levels so we can sell below this 2 major resistance level :- We have shown in attached image.



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