Reversal | 07 October 2015
07 October 2015, GBP/USD
GBPUSD H1. Again, the price has not reached the angle 1:4 and went up, so in view of the pivot point, today the price is going to show High supposedly on the level of the angle 1:3, and turns down.
Intraday reversals with H1 timeframe according to trading platform time of FreshForex: 08:00, 16:00.
Reversals of current week under H4 timeframe (numerology): October 6 at 12:00, October 8 at 12:00.
Reversals in current month: September 29, September 30, October 2, October 7, October 26.
All reversals listed in the review are assumed pivot points the dates may vary.
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Conclusion: At 08:00 we buy. At 16:00 we sell with the view for medium run targets.
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.
