Swing scenarios for pound | 09 November 2015

09 November 2015, GBP/USD

Daily chart: a breakthrough of supports and downward swing. There is no signals for a this swing stop.

Swing scenarios for poundH1: upward swing already has three crossed bars, so bears can act immediately. However, this swing is short and it can be longer to North. So, you’d better wait for a breakthrough of1.5026.

Swing scenarios for pound

Scenarios: 1) Decrease to 49th figure 2) A small increase to 1.5106 area and then a decrease to 49th figure. Trading solutions: 1) Sell after 1.5027 breaking for 100 points. 2) Sell from 1.5106 area after you saw a short signal on H1.

Aleksey Panasenko
FreshForex Analyst
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