11 октября 2017, GBP/USD
Technical Observation:
As I said on the other day's analysis. Gbp rallied higher yesterday, but could not reach my sell place 1.3276. Unless there's a clear close within or around this line, I remain hesistant to sell Gbp. Should the price rise to this line and then it gets rejected, this will be a good sell place. On the other side, if the price breaks above it, then I expect further rise towards 1.3465 or even higher
Technical Levels
Resistance levels
R1: 1.3211
S3: 1.306
Trade Signal
Wait and sell Gbp around 1.3276