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Gbp/Usd : 03/06/2015 Technical Analysis Report

3rd June 2015 CFX Admin

 Our Preference: Buy above 1.5280 for the target 1.5400  levels.
Alternative Scenario: Nill
 
Technical Commentary: In Daily chart :- Yesterday Gbp/Usd was broken the strong key resistance level 1.5280 and closed above the key resistance level so its conforming for the buying side :- which we have shown in attached image.
In 4 hour chart and 1 hour chart :-  GbpUsd was  trading in the equidistance channel lines and trading above the key support level so further we can except upto next resistance level :- which we have shown in attached image. 


Technical Commentary: In Daily chart :- Yesterday Gbp/Usd was broken the strong key resistance level 1.5280 and closed above the key resistance level so its conforming for the buying side :- which we have shown in attached image.



In 4 hour chart and 1 hour chart :- GbpUsd was trading in the equidistance channel lines and trading above the key support level so further we can except upto next resistance level :- which we have shown in attached image.



In 4 hour chart and 1 hour chart :- GbpUsd was trading in the equidistance channel lines and trading above the key support level so further we can except upto next resistance level :- which we have shown in attached image.



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