Wednesday, December 27, 2017

GBP/USD forms “Diamond Bottom” pattern 03:25:07 GMT

+151  PIPS TARGET
Opportunity recognized Dec 20, 2017 for the period of up to 2 weeks
+0.00229 (22 pips) price change since the Technical Event at 1.33943
We found a pattern called Diamond Bottom on 2017 Dec 20 at 02:00 GMT on a 1 hour chart, providing a target price for up to 2 weeks in the range of 1.35000 to 1.36000.

The faster moving average crossed above the slower moving average on 2017 Dec 27 at 11:00 GMT, signaling a new uptrend has been established

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