I had written article about GBPUSD index @24th October ,2016,click here for it…
“GBPUSD index was failed attempt to recapture high; you had seen its cascade lower.
GBPUSD index (6/10/2016) is clues that the trend down was coming to end here, you will see 1.24324-1.27744 – 1.30560 levels soon.
Keep in mind MACD and RSI waits for up-signal, if GBPUSD crossover or closes below 1.18872 level you may see 1985year’s low.”
You will see 1.2744 level soon!
If the GBPUSD index cross over or close below the hurdle level you will see 1.21331 level.