GBP/USD D1 Time Frame 10-7-2015

The GBP/USD D1 time frame is forming a new cycle, the current resistance is 1.5330. You can set a price alert here,  when the alert hits look for a buy signal on The Forex Heatmap® to verify any buy entries. GBP and USD news drivers are tomorrow in the main trading session. This pair forming descending tops and bottoms chart pattern so scale out lots on any buy entries. The trend indicators you see below are exponential moving averages set up on multiple time frames.

GBP/USD D1 Time Frame 10-7-2015

GBP/USD D1 Time Frame 10-7-2015

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