Technical Commentary: In Daily chart:- GbpUsd was trading in the range bound pattern between key resistance level 1.5000 and key support level 1.4700 and now it was trading below key resistance level and yesterday it was closed on lower side and its closed like as inverse hammer pattern so we can sell near key resistance level and we can wait upto next support levels :- which we have shown in attached image.
In 4 hours chart :- GbpUsd was trading in the range bound pattern between key resistance level 1.5000 and key support level 1.4700 and now it was trading with lower trend line and In 1 hour chart :- Gbp/Usd was trading in the equidistant channel lines and its trading in the range bound pattern between the major key resistance level and key support levels :- which we have shown in attached image.
In 4 hours chart :- GbpUsd was trading in the range bound pattern between key resistance level 1.5000 and key support level 1.4700 and now it was trading with lower trend line and In 1 hour chart :- Gbp/Usd was trading in the equidistant channel lines and its trading in the range bound pattern between the major key resistance level and key support levels :- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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