16 Octubre 2013, GBP/USD
Short-term trend may be changing and is certainly in doubt after yesterday's strong move down. A move back down to 1.5910 would probably signal a continuation lower with a target fixed at 1.58325. Alternatively a move above 1.6000 could signal a recovery higher, with a possible upside target at 1.61625. A strong move up could also negate the validity of the H&S pattern at the highs.