Technical Commentary :- In weekly Chart :- GbpUsd was tested the resistance level of horizontal line, now the previous support level acting as key resistance level and closed on lower side so we can except on selling side upto next key support level.
In Daily Chart :- Yesterday GbpUsd was tested the upper trend line and trading below the key resistance level horizontal line and yesterday its closed below the resistance level so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd came back to the equidistant channel line and its trading below the key resistance level horizontal line and its was trading with lower trend line so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was the trading in the equidistant channel line and its trading below the key resistance level of horizontal line and its trading with lower trend line and now its trading near upper channel line so we can sell near 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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