TECHNICAL ANALYSIS GBPUSD Potential Turns Price and Time

Hi All,

The GBPUSD formed a ABCD pattern at the 110% level on Friday and rallied up, this was one day short of my prediction for a turn in time as well. As the markets don’t trade on Saturday I took Fridays level to be the one at 110% of AB.

We now have the potential for a move up until around the 4th of December. The three levels I will be interested in are 1.66441,1.66976,1.67460 on or around the 4th of December

I promise you that this will be the last one tonight!!!

Regards,

Mike Haran

Tagged as:  abcd pattern · forex · Forex Trading · GBPUSD · support line