GoFXPro.org GBPUSD Analysis:

[MiamiBill]

GBP at major Daily trade line now. 1.5381 R, Level 7 Octave Daily.

MST @ 1.5255. I would expect this to hold, and GBP move higher to
...level 8 (1.5625), or even +1 (1.5869) on Daily before rolling over and
dropping back down to Level 4 area on daily; 1.4681.

What you are looking for is the top
out. When done, look for 61.8% retracement back down. I do expect
market to move to 1.5852 completing MST©, Maximum upside is 1.6290,
moving in to full maximum sell zone. On the roll over from sell zone,
my downside targets are 1.5283 , 1.5043, and 1.4648.

These are multiweek positions, not short term scalps. We use this larger analysis for
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MB

[MiamiBill]

GBPUSD today topped over at the 1.5900 price point for move from 1.5381 to 1.5869 (target), for +488 pips from the issued alert / analysis.