GBPUSD Setup

6 apr 2016

Details on chart.

6 apr 2016

Nota

GBPUSD kept stop and reversed from 1.40 level..
Broad Range still in process of 1.40 and 1.45..

7 apr 2016

Nota

Gu holds bullish pattern on small time frame.. and move towards 1.42 and high still possible today.

11 apr 2016

Nota

Clear break required of 1.4156.. otherwise it will fall back towards 1.406..

11 apr 2016

Nota

We now have break of resistance.. now lets see how long it sustain above..

11 apr 2016

Nota

Break of 1.4255 would be extremely bullish with 4hr candle close above it will confirm more upside.

11 apr 2016

Nota

Daily chart.

11 apr 2016

Nota

Stop now at BE. Fall below 1.4155 will make it bearish.

12 apr 2016

Nota

We have now break of 1.433.. so rise above 1.44 is very likely.

12 apr 2016

Nota

1.4367 is trendline resistance..

12 apr 2016

Nota

Closing half of position.. and remaining at BE.

13 apr 2016

Nota

Possible Head and Shoulder.. just an idea..