29 Juli 2015, GBP/USD
Daily chart the upward swing is fully completed, and we are approaching to zone of optimum sales possible under a downtrend.
Hourly chart an ascending structure is stronger, nevertheless, we will act based on a downward scenario. If this scenario is confirmed, the entrance will be provided by a bearish pattern Over & Under (1.5627)
Scenarios: we wait for growth to the area of 1.5645 and start of falling to zone of 1.5550 .
Trading solutions:
1) Lock in Buy around 1.5645 and sell to 1.5550, and in the medium run it should be much lower (around 1.54)