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GBPUSD 60 Minute Chart Analysis

Tuesday, April 7, 2015 4:33
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(Before It's News)

Screen Shot 2015-04-07 at 17.36.34

Hello traders good to be back with you today for another currency pair analysis. Today we are looking at the GBPUSD 60 minute. Price action was very fast today with in the first 90 minutes of the London open the move had started and ended with dollar strength across the board. I was looking at the chart and just liked what I observed from this pair. Well I guess that is old news and what do we do now. I am waiting for the pivot point pullback to the S3 level and look for a bearish candle and a nice entry. I would like to see this go back down to the 1.4840 price level for some nice profits. This trade set up is really looking to take place at the US session open. Thanks again traders and Talk Soon…… William



Source: http://www.fxinstructor.com/blog/gbpusd-60-minute-chart-analysis-4

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