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JasonFosterII

GBPUSD (Aug 24-28) Analysis

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
JasonFosterII Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Technical Indicators Trend Analysis gbpusdweeklyanalysis
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indicator trendanalysis gbpusdweeklyanalysis
Dollar (DXY) has Daily Divergence indicating a pullback. Looking for Pullback this week to Golden Zone of Fib levels.

*We know we are exchanging USD for GBP. So GU does opposite of DXY*

GU has Daily Divergence as well indicating a pullback. Looking for Pullback this week to Golden Zone of Fib Levels.
Trade active
Comment:
Comment:
Price is at resistance on 1HR creating double top (M pattern). Looking for continuation to down side for new low.
snapshot
Comment:
Double Top Push up turned the Pattern to a Head and Shoulders. Looking for drop during New York.
snapshot
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