GBPUSDH4 22.09

  • GBP/USD (H4): Waiting for a rebound  
  • Forecast: Bullish rebound from local support 1.5475 and Fibo retracements
  • Alternative Scenario: Trying to slide lower and target local lows                 
  • Comments: Traders should observe current levels and use demand reaction to go long           
  • Payout: CALL @ 1.5475 à 77% return expiring at 20:00GMT        

GU_screen 22.09

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Damian Chmiel
http://financemagnates.com
Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.

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