GBPUSD, H1 - Butterfly pattern

٥ سبتمبر

Price broke parallel channel and is climbing up. If current local resistance at 1.3187 will be broken, the next interesting level is at 1.3230. It is fullfilment of harmonic Butterfly pattern and also resistance level that stopped the price few times in the past. So possible short-term reaction there. Trade carefully! Tomorrow is NFP.