Two days's growth | 27 August 2015

27 August 2015, GBP/USD

GBPUSD H 1 . Decline began without test of the angle 2:3, which gives an advantage to bulls. Now the price is sandwiched between two angles 1:1. The upward angle has been broken down, whereas the downward angle keeps defenses. With the breakdown of the downward angle 1:1, the first target is the level 1.5344. If the price gets above the upward angle 1:1, it will get back to the 2:3 in or two days. The main option at the moment is growth after a minor downward correction, presumably from the level 1.5475.

Intraday reversals with H1 timeframe according to terminal time of FreshForex: 07:00, 10:00, 12 : 00, 15:00.

Reversals of current week under H4 timeframe (numerology): August 25 at 04:00, 26 August at 04:00

Reversals in current month: August 21, August 26, August 28, August 31 .

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

two-day growth

Conclusion: At 07:00 sales, at 10:00, 12:00 and 15:00 purchases.

Бухонова Елена
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