FX:GBPUSD   British Pound/U.S. Dollar
You can see my full analysis on this pattern here: http://www.tradeempowered.com/forex-market-preview/

As for right now there's still a gap in the open of the week. It's about to be covered, showing the temporary imbalance between supply and demand for this currency pair.
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This market is in a heavy down trend. Wait to see another bearish week after gap fill.
+3 Reply
angmohlin shogunfx
Agreed.
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It's a heavy down trend in the 4h time frame, but it's an UP trend in the daily time frame.
there is a nice double bottom in the 4h time frame, so anything is possible :)
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Hi Jason, it is nice job and thanks for your efforts.
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Same stuff can also be seen on GBPAUD
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Jason... this trade is testing my patience... lol
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shogunfx william.whitley.10
Next week is possible to start an up move. Will be a new month & new week candles at the same time.
+1 Reply
SPLASH
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shogunfx fxtomi
Flosch, Bang, Bum. Trend is down this week, and Friday after NFP - up.
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Not this time...
+1 Reply
meymz leonidas1972
Thursday the news overreacted in the downtrend, today they did next to nothing and the downward movement doesn't seem to lose steam.
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Disappearing Jason. What a star.
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3 months later..we are @ 1.556
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Neel_K PRO SonicDeejay
Point is... Do you know where it would be three months from now? :)
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Well, apparently Jason didn't. Harmonics are silly and subjective.
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