GBP/USD Day Trade

GBP/USD = 63

Long Short Line 1.2518

Most Important 1.2470 and 1.2509 Vs 1.2525, 1.2533, 1.2541, 1.2549, 1.2557, 1.2565, 1.2573, 1.2581

Bottom 1.2455 achieves by 1.2470 and 1.2486

Upper target 1.2581

Continuation Fail 1.2549

Yesterday

GBP/USD = 64

Long Short Line 1.2618

Most Important 1.2570 and 1.2609 Vs 1.2626, 1.2634, 1.2642, 1.2650, 1.2658, 1.2667, 1.2674, 1.2682

Bottom 1.2554 achieves by 1.2570 and 1.2586

Upper Target 1.2682

Continuation Fail 1.2650

Today Price Path at 63 pips follows perfectly to every 8 pip levels. Or an even price path and very good for today.

Yesterday at 64 pips. Note topside 1.2658 to 1.2667 or 9 pips, 1.2667 to 1.2674 or 7 pips, and back to 8 from 1.2674 to 1.2682

Uneven at 64.

Today at 63 most vital numbers: 1.2480, 1.2526 and 1.2552.

At the 4 am EST hour, GBP/USD traded 1.2539 to 1.2512 or 21 pips on the high side from 1.2518 and 6 pips below.

Day trades normally trade between 2 vital levels as we trade 63 pips inside 2 larger levels. Today GBP/USD 1.2455 to 1/.2581. The 2 vital levels: 1.2465 to 1.2479. GBP/USD is slightly off yet correct to the day trade.

GBP/USD 5 multiples today: 1.2455, 1.2470, 1.2525, 1.2565. Yesterday 1.2570, 1.2650

Kurtosis for all numbers: 1.75, upper .1.34, bottom 1.29. The marker is 1.50. Keep trading simple as this Kurtosis thing is not required. I throw it in the mix because days of old pre 2016, it assisted. Today it assist by view to long term targets.

DXY at 102.09. Overbought at 102.00’s last week, this week and next week. Informs GBP/USD longs is the only trade.

DXY 52

Long Short Line 102.01

Most Important 101.62 and 101.94 Vs 102.07, 102.14, 102.20, 102.27, 102.33, 102.40, 102.46, 102.53

Bottom 101.49 achieves by 101.62 and 101.75

Upper Target 102.53

Continuation fail 102.27

GBP/USD 1.2518 Vs DXY 102.01

Brian Twomey

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