Last week it was forecasted that the Gbp/Usd will unfold the X-Sequentials X5 down move targets.

The first down move target zone was between 1.5710-1.5501.

According to the the forecast the Gbp/Usd formed it´s low at 1.55540.

Fridays close : 1.5627

Forecast:

After reaching the first down move target a countermove ´till 1.59292-1.59740 is possible .

The Gbp/Usd should then proceed it´s down move to the next X5 patterns target located at 1.4962-1.4661.

Chart : Gbp /Usd , X-Sequentials 60 Minute Chart

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yours sincerely ,

Devin Sage ,TXA Trading

www.Technische-X-Analyse.de