GBP/USD Daily Video, June 27, 2018

Sive Morten

Special Consultant to the FPA
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18,739
Good morning,

GBP has completed 1st stage of our weekly trading plan - AB=CD hourly retracement has been done. Now we need to keep an eye on hourly H&S pattern because it will clarify what reversal pattern will trigger upward action:




The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
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