Technical Commentary :- In Weekly Chart :- GbpUsd was closed on lower side as bearish candle and its was closed below the key support level of horizontal line and so its conforming for the selling trend and we can except on selling side upto next key support level :- which we have shown in attached image.
In Daily Chart :- GbpUsd was closed on lower side as bearish candle and now GbpUsd was trading near key support level If the key support level breaks means we can except key sell off :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading in the sideways movement between key resistance level and key support level so we can sell near intraday resistance levels and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was trading in the equidistant channel lines and now it was trading near upper channel line and its was trading below the resistance level of horizontal line and its was trading in the sideways movement so we can sell near the intraday resistance level and except upto next key 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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