pezq
Long

Reverse at 1.60 or pop to the top?

FX:GBPUSD   British Pound / U.S. Dollar
51 2 1
Take a look at Invezted reversal setups today and then tell me this is not a classic reversal pattern. My analysis indicates much higher prices so I would love a correction to 1.5525 and perhaps it needs it if my theory is correct. Also check out the values between XD             , BD and XB.

Price could also play out at the 1.63 level depending on economic news. Up or down. A clear choice
Here's a shot of the second scenario
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