Hi everybody,
Let`s review my previous conclusions...
"It seems to me that we will reach a temporary top in the 1.9693+or- 39 pips..
so ,the expected reversal area is 1.9655/1.9735 approx..and this reversal should be located,in time since a few hours ago to 16 Jan at 11:00 AM GMT"....WE have had a top at 1.9706 at approx 09:30 GMT 16 January.......
....RIGHT ON TARGET
"It seems to me that the above mentioned potential reversal has the possibility to be very short..100/200 pips.."..
...RIGHT ON TARGET..from 1.9706 to 1.9586..120 pips
"Let`s see what happens and learn from it.My expectation is that if,conclusions 1 and 2 of the previous posts are going to be both right,the GBPUSD decline could probably find support in the 1.9460/1.9555 area.." ...
...WRONG ON TARGET..The move stopped in the 1.958+ area..
So,let`s see what happens with my second conclusion
"Because if the last centered sma crosses the other smas in the 1.9601/1.9605Area,"...it seems probable..see pic
"..so,let`s say in the 1.9700 to 1.9800 area we have our target range..and the potential time range is from this Thursday to(the pic marks Saturday,so let`s say)Monday.."..Well...still unclear..but still possible
Will continue
Simba