GBPUSD Market Outlook – 23 Oct 2019

AUD is a strong bearish. EURUSD is also weak but very mild. GBPUSD enjoy some bullish momentum last few weeks. Now, we had a first notable turning point at 1.3000. That comes with bearish butterfly pattern. I think this level 1.300 would be significant next few weeks. It can be also confirmed with supply zone detected. At the same time, we would have the first demand zone as the watch point for potential bearish action at 1.2750.

Below are the Links to Advanced Harmonic Pattern Indicator

https://www.mql5.com/en/market/product/6101

https://www.mql5.com/en/market/product/6240

http://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

 

 

 

 

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