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kopparam
Oct 21, 2015 7:03 PM

gbpusd , 240, buy..........buy...................buy Long

British Pound/U.S. DollarFXCM

Description

bull flag above cup and handle every promising trade set up along with other harmonic pattern like bearish bat final leg up.
Comments
giankee
kopparam
giankee
Nice chart. Right now the pair is failling to pierce through the upper resistance of the falling wedge that it's been trading on since late August. You are able to see it on the 240 chart. If your chart is correct, GBP/USD will need to break out of this wedge...(seems a bit unlikely to me at the moment but who knows).
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