EURGBP Setting up a flag pattern on the 5m timeframe. Target is near the last resistance point: 0.727
Triangle forming on a 4h chart. By the end of next week the market might make a move up with the return of the bulls on GBPCAD.
Although this could be a nice reversal zone for USOIL news are pointing out that the United States are running out of place to store Oil. Source: bit.ly This could lead to the prices plunging deeper again. I will wait to see a clear reversal of the trend before entering any trades.