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Gbp/Usd (Why Im Expecting A 4hr Double Bottom)

Gbp/Usd (Why Im Expecting A 4hr Double Bottom)


At 7:00am British Time , 2:00am here in the states
Gbp Claimant News says that more people asked for government benefits last month, than the month before.

Forex Factory says from 94.4k to 99.5k

Forex Factory Expects the Unemployment Rate numbers to go from 3.9% to 4.1%

Forex Factory says Average Earnings went from
-1.2% to -1.3 Percent.

So I believe that GBP/USD will slowly fall now.
I believe news will push it into a double bottom type pattern. Then I believe either during London Session , OR NEW YORK SESSION (very likely) .... that GBP/USD will start moving up again to start its new wave up that im expecting due to something called wave analysis.

from Trading Ideas
via gqrds

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