The bell rings the fourth time at the lows in the GBPUSD

Discussion in 'Technical Analysis' started by ForexLive, Aug 4, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    One, two, three four times the 1.3110-12 area has been tested. The Pavlovian bell rang for the 4th time at the 1.3110 area in the GBPUSD and for the 4th time traders leaned. Will this test once again lead to a rebound back into the 1.3130-45 area or will the bell buyers have to sell on a break to new session lows?

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