Northern direction is on hold | 24 July 2015

24 July 2015, GBP/USD

GBPUSD Н1. The level 1.5568 has been broken without test of 1.5757, but it puts growth on hold only for a short time. Today we are trading within the range 1.5568 — 1.5436.

Intraday reversals with Н1 timeframe according to terminal time of FreshForex: 07:00.

Reversals of current week under H4 timeframe (numerology) July 22 at 8.00 am, July 24 at 8:00 pm.

Reversals in current month: July 2, 6, 12, 14, 22, 24.

All reversals represented in the review are assumed pivot points the dates may vary.

Northern direction is on hold

Conclusion: We shall buy the pair at 07:00 with the target based on the level 1.5568. Sales are from 1.5568.

Бухонова Елена
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