GBPUSD Range Bound

Apr 4, 2016

• We have 4hr Head & Shoulder Pattern.
  
  Inverted Head & Shoulder Pattern on Daily
  
  4hr Double Bottom at 1.4055
  
  Unfilled gap close to 1.447
  
  Range 1.40 and 1.45
  
  Strategy.. Buy on dips..!!!
  
  
  

Apr 4, 2016

Note

If gbpusd remain supported above 1.417 and 1.419 then we might can see gu towards 1.43 and 1.434 for today.

Apr 4, 2016

Note

So we now have breakout of resistance.. and prices can run 1.43 and 1.434..
Break of 1.434 will lead for above 1.44 in coming sessions.

Apr 4, 2016

Note

If we couldnt break 1.434 then we will see gbpusd back below 1.42 and possible towards 1.414 as well..

Apr 5, 2016

Note

gbpusd didnt taken out 1.434.. so now 1.4135 on way.