The key level is 1.5568 | 18 August 2015
18 August 2015, GBP/USD
GBPUSD n 1 . After a slight growth, presumably to the level of 1.5620, the decline will continue down to the 1.5568 level. In case of breakdown of this level, target will be 1.5436, and the inability to overcome 1.5568 level will get the price back to beginning of today's decline.
Intraday reversals with Н1 timeframe according to terminal time of FreshForex 11:00, 16:00, 20:00.
Reversals of current week under H4 timeframe (numerology) August 18, at 12:00, 21 August at 08:00.
Reversals in current month: D 1 (astrology): August 21, 26 August 28 August 31 August.
All reversals listed in the review are assumed pivot points the dates may vary.
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Conclusion: Sales at 11:00, purchases at 16:00 and 20:00.
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.
