GbpUsd : 19/12/2017 Technical Analysis Report From Centreforex
Our Preference: Sell Below1.3400 for the target of 1.3320 and 1.3260 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- GbpUsd was trading in the equidistant channel lines and new lower trend line formed as key support level and its trading above the 38% Fibonacci retracement levels, so we can sell below key resistance level of upper trend line and except upto next key support level of lower trend line :- which we have shown in attached image.
By Subramanian From Centreforex