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.

Turn Conclusion: At 08:00 we buy. At 16:00 we sell with the view for medium run targets.

Бухонова Елена
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