GBPUSD reversal

3 thg 8, 2018

So our gbpusd has been printing that daily reversal pattern for quite a long time now. Yesterday we had a close of the daily candle above the 1.30000 level so the price might be going back to the upside and eaven breaking the upper 4h trendline that closes our pattern. That should mean a long for us, a bigger long for about 500 pips so be patient wait for the NFP's today to show us where the price is about to go and look for the entry upon the break of the upper trendline. The price today closing above the 1.30500 would mean that the weekly support is not broken yet and could also be a great indicator of that long we're looking for.