The key level is 1.4780 | 04 January 2016
04 January 2016, GBP/USD
GBPUSD Н1. The price is returning to the angle 1: 1, where fate of the pair will be decided. On breakdown of the angle, growth is expected by 30 - 50 points and return to the angle. On failure to cross the angle 1:1, the target will be 1.4634.
Intraday reversals based on the platform time of FreshForex on H1 : 11:00, 20:00.
Reversals of the current week on H4: 05 Jan at 04:00, 06 Jan at 20:00, 08 Jan at 20:00.
Reversals of the current month on D1: Jan 5, 8, 14, 21, 22, 26, 29.
All reversals are assumed points and can be adjusted as dates are approaching.
Conclusion: Sales at 11:00, purchases at 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.
