GBP/USD 2014.4.17.

GBP/USD H1 chart 14.April 2014

GBP/USD H4 chart 14.Apr.

In the H4(four hours) chart, it seems that the price turns up passing the sidewalk term. And bollinger bands features upward. The middle band in the bollinger bands means 20 moving average line.

In the H1 chart, it looks go in the channel for while after the rising, 22:48(KST, UCT+9)

EUR/USD surges

The fail of double-bottoms pattern made me to forecast the down trend of the price. But from the opening of the week in Europe market, the price has turned the trend in the H1 chart. The price surges now, 13:00(UTC).

cherry blossoms

cherry blossoms, Sungnaedong Cathedral, south-eastern Seoul, Korea, Wed. Apr. 2nd, 2014.

Does GBP/USD turn down?

GBP/USD H4 chart, Apr. 5th, 2014

The bottom price before is 1.627x, and current price seems to turn down after the sidewalk term since February.

In the weekly chart GBP/USD shows the sidewalk since 2009.