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GbpUsd : 07/12/2017 Technical Analysis Report

7th December 2017 CFX Admin

Our Preference: Sell Below1.3420 for the target of  1.3300 levels

Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- GbpUsd was formed new upper trend line and we got closing above 23% Fibonacci retracement levels, so its conforming for the selling side and we can sell near key resistance level and except upto next key support level of lower trend line :- which we have shown in attached image.    


In Daily Chart :- GbpUsd was formed new upper trend line and we got closing above 23% Fibonacci retracement levels, so its conforming for the selling side and we can sell near key resistance level and except upto next key support level of lower trend line :- which we have shown in attached image.



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