GBPUSD working exactly as per old patterns.. Now 3rd Part of it!

GBPUSD working exactly as per old patterns.. Now 3rd Part of it!

All information is on charts..

Kommentera:

It can go for rise and will fall again above 1.303.. today it will remain in tight consolidation.. so not much action today as per its old patterns!

Kommentera:

nice spike in gu pairs.. and watch out!!!! reversal upside...

Kommentera:

gu pivot point todays is 130.19.. and it just touched it and up.. thats a bullish signal but lets see.. as gbpaud too just kissed its pivot 1.9356 and up.. same with gbpjpy just kissed pivot and jumped.. that indeed is a bullish signal.. but lets see how market reacts in coming hours..

Kommentera:

market surprisingly spiked down in all gbp pairs.. thats fishy..!!!!!!! Earlier i was having plan to sell from top.. but now if market moves high then i won't be selling!!!! i bought on drop and will hold as now market can move above 1.31!!!!

Yesterdays move about 1.305 was bullish.. and it closed daily candle above 1.30 added more weigh on bullish momentum!!!! So as far as 1.298 holds and near term 1.301 holds.. it is going beyond 1.31!!!

Kommentera:

I bought gbpusd at 1.2978..and stop is 1.294! It is making head and shoulders pattern and will jump up towards 1.31