4 Attachment(s)
Gbp/Usd : 14/12/2015 Technical Analysis Report From Centreforex
Our Preference: Buy Above 1.5190 for the target 1.5240 levels.
Alternative Scenario: Sell Below 1.5160 for the target 1.5100 levels.
Technical Commentary :- In Weekly Chart :- Last week GbpUsd was closed on higher side as bullish candle and its was closed above the key resistance level of horizontal line and its trading below the upper trend line so we can except on buying side upto next resistance of upper trend line level :- which we have shown in attached image.
In Daily Chart :- last day GbpUsd was closed on higher side as bullish candle and now GbpUsd was trading near upper trend line and trading below the resistance level of horizontal line If upper trend line breaks means we can except on buying side upto to that we can except on selling side by keeping stoploss above the upper trend line and resistance level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading in the equidistant channel lines and its 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 broken the upper trend line of the triangle pattern now this upper trend line acting as support level so we can buy near the trend line and except upto next key resistance level :- which we have shown in attached image.
3 Attachment(s)
Gbp/Usd : 15/12/2015 Technical Analysis Report From Centreforex
Our Preference: Buy Above 1.5120 for the target 1.5220 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- GbpUsd was trading with long term and short term upper trend line and yesterday its tested the key support level of horizontal line so we can buy above the ksy support level and except upto upper trend line and next resistance level :- which we have shown in attached image.
In 4 Hour Chart :- GbpUsd was trading in the equidistance channel lines and its was trading in the sideways movement between key resistance level and key support level so today we can buy support level of horizontal line and except upto next key resistance level :- which we have shown in attached image.
In 1 Hour Chart :- GbpUsd was trading in the triangle pattern now its trading near lower trend line and key support level of horizontal line so we can buy above the support level of horizontal line and except upto next key resistance level :- which we have shown in attached image.
Gbp/Usd : 16/12/2015 Technical Analysis Report From Centreforex
Our Preference: Sell Below 1.5050 for the target 1.4970 levels.
Alternative Scenario: Buy Above 1.5100 for the target 1.5220 levels.
Technical Commentary :- In Daily Chart :- GbpUsd was trading with upper trend line and yesterday its broken the key support level and closed on lower side as bearish candle so its started to move to test next key support level so we can except on selling side:- which we have shown in attached image.
https://charts.mql5.com/9/665/gbpusd...services-2.png
In 4 Hour Chart :- GbpUsd was trading in the equidistance channel lines and tested lower channel line, If lower channel line breaks means we can except upto next support levels and its was trading in the sideways movement between key resistance level and key support level so today we can except on next support 1.4990 level of horizontal line :- which we have shown in attached image.
https://charts.mql5.com/9/665/gbpusd...l-services.png
In 1 Hour Chart :- GbpUsd was trading in the triangle pattern now its trading near lower trend line and but it was trading below the key support level of horizontal line so we can sell near the support level of horizontal line with tight stoploss and except upto next key support level :- which we have shown in attached image.
https://charts.mql5.com/9/665/gbpusd...l-services.png