Technical Commentary: In Weekly Chart :- GbpUsd was broken the major key resistance level 1.5000 level and last week GbpUsd pair was closed on higher side further we can except upto next resistance level 1.5250 levels.
In Daily chart:- GbpUsd was broken the range bound pattern on higher side and the pair broken the key resistance level 1.5000 so the pair confirming for buying side :- which we have shown in attached image.
In 4 hours chart :- GbpUsd was trading in the equidistant channel lines and the pair is broken the key resistance level so we can buy near lower channel line and key support level 1.5080
1 hour chart :- Gbp/Usd was broken the triangle pattern on upper side and the pair trading with lower trend line so we can buy near lower trend line :- 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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