Reversal did take place though | 24 December 2015
24 December 2015, GBP/USD
Reversal of this pair obviously took place. This is indicated by a fairly strong growth that we observed yesterday.
It is possible that the lead-in momentum up was formed and in the future we will have a long impulse growth.
In this situation, we should start opening Buy trades with a Stop Loss set at a local Low, the more the potential loss will be much less than the expected profit.
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.
