Based on the ordering of the 4h chart candles, we can presume by looking at it that there is an imperfect bullish harmonic pattern. This outcome has led already to a first spike last Friday and sends the message that additional bullish runs are possible.
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Comment:
The pair went bullish today, it's been a gain of at least 20 pips. Cheers!
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Scalping on the way down - 10 pips.
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The pair seems to be consolidating.
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a healthy bearish run, final target 1.1095
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Target achieved. The retracement was really wide. Tomorrow, bulls could charge again.
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Strong signs of gbpusd and eurusd going bearish. My TP1 is at 1.1114
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The bear run did not hit my target but it did come close. Now, bulls are charging. TP1 is at 1.1144
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TP1 achieved
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It's going bearish again. TP1, 1.1140 (scalping)
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It continued the bullish run but now has reversed. We might close the day somewhere between 1.1140 and 1.1150.
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A third bullish run happened. I believe we could retest the 1.1160 area tomorrow.
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The 1.1160 area was retested. Bears are leading again.
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The price might go above the 1.1160 area. There is a strong bullish sentiment.
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US data came green, the bears are leading again.
Trade closed manually
