GBP/USD: Daily Technical Analysis For march 5, 2015

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Fundamental Indicator:

GBP Service PMI = Worsened

USD ISM Non Manufacturing PMI = Improved

ADP Non-Farm Employment Change = Improved Revision



List of Technical Indicators:

Daily bias is bearish.

Moving Averages 21 and 55 = Sell

Parabolic S.A.R = Sell

A.D.X= Sell

R.S.I = Sell

MACD = Sell

SSRC(customized stochastic) = Sell

Daily Central Pivot Point Bias = Bearish

Daily Candle Stick formation = Bearish



Technical Analysis:

Am expecting more decline to 1.5219

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