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Gbp/Usd : 27/05/2015 Technical Analysis Report

27th May 2015 CFX Admin

 Our Preference: Sell Below 1.5450 for the target 1.5400 and 1.5280 levels.
Alternative Scenario: Nill
 
Technical Commentary: In Daily chart :- Gbp/Usd was broken the strong lower trend line and closed below lower side so we got strong conformation for selling zone :- which we have shown in attached image.
In 4 hours chart :-  GbpUsd was broken the triangle pattern on lower side and its broken the key support level lower trend line and key support level 1.5400.so we can except sell below 1.5450 levels upto next key support levels:- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was trading in the equidistant channel lines and its trading below the key resistance level.


Technical Commentary: In Daily chart :- Gbp/Usd was broken the strong lower trend line and closed below lower side so we got strong conformation for selling zone :- which we have shown in attached image.



In 4 hours chart :- GbpUsd was broken the triangle pattern on lower side and its broken the key support level lower trend line and key support level 1.5400.so we can except sell below 1.5450 levels upto next key support levels:- which we have shown in attached image.



In 1 Hour Chart :- GbpUsd was trading in the equidistant channel lines and its trading below the key resistance level.



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