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Gbp/Usd : 10/06/2015 Technical Analysis Report

10th June 2015 CFX Admin

Our Preference: Buy above 1.5350 for the target 1.5550  levels.
Alternative Scenario: Nill
 
Technical Commentary: In Weekly chart : Last week Gbp/Usd was closed like doji pattern, so we except buy from key support level :- which we have shown in attached image.
In Daily Chart :- Gbp/Usd was trading in sideways moment between key resistance and key support level and now it was trading near upper trend line, If it breaks upper trend line means we can except buy off,
In 4 hour chart and 1 hour chart :-  GbpUsd was broken the equidistance channel line on upper line side so its conforming for buying zone so buy near key support level and wait upto next resistance level :- which we have shown in attached image. 


Technical Commentary: In Weekly chart : Last week Gbp/Usd was closed like doji pattern, so we except buy from key support level :- which we have shown in attached image.



In Daily Chart :- Gbp/Usd was trading in sideways moment between key resistance and key support level and now it was trading near upper trend line, If it breaks upper trend line means we can except buy off,



In 4 hour chart and 1 hour chart :- GbpUsd was broken the equidistance channel line on upper line side so its conforming for buying zone so buy near key support level and wait upto next resistance level :- which we have shown in attached image.



In 4 hour chart and 1 hour chart :- GbpUsd was broken the equidistance channel line on upper line side so its conforming for buying zone so buy near key support level and wait upto next resistance level :- which we have shown in attached image.



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