99nines
Short

GBP approaching a Max high for this leg

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
187 3 1
Orange lines, pretty sure will happen
Red Lines, Hot, leaning toward this possibility at this time.
Teal lines, Cold, dont believe will happen but possible at this time
Possibly it can also go to test 1.6000-30 LVL IMO. Either stop loss need to be above that LVL for you or have to let it turn south first & then chase it.
Reply
99nines FxSaint
After reviewing my analysis this weekend, I agree with you... I've been basis for the eur/usd to go higher and that really made me look at this again. Looking at for the 1.62162 level for the GBP as a Max for this leg up.
-1 Reply
hehe, i thought I made the blue line red before snapping this pic... consider blue = red :)
-1 Reply
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