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Gbp/Usd : 19/02/2015 Technical Analysis Report

19th February 2015 CFX Admin

Our Preference: Buy positions Near 1.5420 with target of 1.5480 in extension
 
Technical Commentary: In daily chart :- Pound was trading at previous support level, now this previous support level become key resistance level and its was trading in between trend lines.
In 4 hours chart,Gbp/Usd was trading near to upper trend line & key resistance level so its wants to fill to touch the upper resistance line and key resistance line we can buy near interday support level 1.5420 with stoploss and target. :- We have shown in image.


In daily chart :- Pound was trading at previous support level, now this previous support level become key resistance level and its was trading in between trend lines.



In 4 hours chart,Gbp/Usd was trading near to upper trend line & key resistance level so its wants to fill to touch the upper resistance line and key resistance line we can buy near interday support level 1.5420 with stoploss and target. :- We have shown in image.



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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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