GBPUSD Three Inside Up Hourly Chart

Resistance: 1.5885 strong/1.5906 moderate/1.5936 minor Support: 1.5855 moderate/1.5834 minor/1.5804 minor GBPUSD has a bearish bias though Hourly charts has formed a bullish reversal pattern Three Inside Up. With a strong resistance at 1.5885, the Pivot Point, just ahead of the pattern the preferred course of action is to wait for a push past 1.5885 before buying. Immediate target is 1.5906 then on to 1.5936. Stops should be placed below the patterns low. GBPUSD Bullish Harami Hourly Chart

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GBPUSD Three Inside Up Hourly Chart