Technical Commentary :- In weekly Chart :- GbpUsd was trading in the triangle pattern and last week it was closed higher side with bullish candle and its was closed above the key resistance level so we can except on buying side from support levels :- which we have shown in attached image.
In Daily Chart :- GbpUsd was trading in the triangle pattern and yesterday it was closed above support level of horizontal line so today we can except buy off from key support level and except upto next resistance level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was the trading below the new upper trend line and trading below the key resistance level so we can except selloff from the resistance level and upper trend line and except upto next key support level and lower trend line :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was trading below the new upper trend line and its was trading in the sideways movement between key resistance level and key support level so we can sell near upper trend line and except upto next intraday support level :- 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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