22 Tháng Chín 2017, GBP/USD
Technical Observation:
According to the other day's analysis, Gbp failed to penetrate below the support line 1.3475, rather there was a rejection from this line that gave me a chance to pick a long position towards 1.3500. Unless there's a clear breakout above the 4 hour resistance line 1.3500 with a big green candle, I choose to remain flat temporarily and wait for a breakout above to pick a long position, or a rejection to short Gbp towards 1.3475. If you didn't go long around 1.3475, you could wait for a breakout above 1.3590 to pick a long position.
Resistance levels
R1: 1.3625
R2: 1.3746
R3: 1.3954
Pivot
1.3536
Support Levels
S1: 1.3123
S2: 1.3331
S3: 1.3417
Trade Signal
Flat