We are waiting for confirmation of the reversal | 08 October 2015

08 October 2015, GBP/USD

GBPUSD H1 . The price begins to decline. Update of yesterday's High will cancel the yesterday's pivot point. As long as the price des not reach the High, only downward movement remains as an option. If the High is updated, the price can turn on the level of 1.5382. The error in one day is allowed.

Intraday reversals with H1 timeframe according to trading platform time of FreshForex: 11:00, 14:00, 19:00.

Reversals of current week under H4 timeframe (numerology): October 6 at 12:00, October 8 at 12:00.

Reversals in current month: September 29, 30 September, October 2, October 7 October 26.

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

Waiting for confirmation of the reversal

Conclusion: Sales from 11:00 to 19:00.

Бухонова Елена
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