Forex EUR/USD Daily Video, May 31, 2022

soul rebel

Sergeant
Messages
167
Good Morning Sive
nice to see HD video and sound - crystal clear!
regarding Gbp.....after pullback are we anticipating further upside action as per Eur at 10600 area.....or do you think the situation is different for Gbp because of the untouched XOP at 12000?

ah...I see your comment on potential reverse H&S on Gbp 4hr chart
 
Last edited:

Sive Morten

Special Consultant to the FPA
Messages
16,299
Good Morning Sive
nice to see HD video and sound - crystal clear!
regarding Gbp.....after pullback are we anticipating further upside action as per Eur at 10600 area.....or do you think the situation is different for Gbp because of the untouched XOP at 12000?

ah...I see your comment on potential reverse H&S on Gbp 4hr chart
Yes, Viresh by far we're watching for the same scenario on all three markets - EUR, Gold and GBP, suggesting that 2nd upside leg is possible. On EUR we do not have clear reverse H&S pattern, as on other markets, but performance mostly the same.
 
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