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.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Бухонова Елена
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