OlTurr05

GBPUSD Short 27/09/2017

Short
FX:GBPUSD   British Pound / U.S. Dollar
Daily time frame shows possible retracement to support (previous resistance) at 1.3250.
4 hour chart shows price stalling and consolidating around the 1.36 level.
On 1 hour chart we can see price break and retest the 4 hour consolidation before stalling going into the Asian session.
The 15 minute shows a clear wedge forming going into the Asian session, we can expect a stop hunt to the upside at the start of the London session (28/09/2017). This would then see price fall towards 1.3250 and completing our retracement on the daily time frame.

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