Correction is over | 05 October 2015

05 October 2015, GBP/USD

GBPUSD H1. Movement to the north can not be started without touching of the angle 1:4. Therefore, we are waiting for the continuation of decline. It turns out that on September 30 the price had a corrective reversal, and it ended on October 2.

Intraday reversals with H1 timeframe according to trading platform time of FreshForex: 05:00, 13:00, 17:00.

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

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

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

correction is over

Conclusion: At 5:00 we start selling to 1.5099.

Бухонова Елена
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