Forecast for the week 29 Jan – 02 Feb
Pound - a bearish impulse on h1-4-D1 - The main question is about its prolongation or ending
Possible variants of movement
a) further downwards - supports: reference points
1.9595 50% D1
1.9545 62% h4 + 262% from the last recoil from the last ZZ on h1 1.9625-78
1.9511 62% D1 + accumulation of orders $1.9515/00 (considerable bids)
1.9455 76% h4 + 423% from the recoil of ZZ on h1
1.9415 76% D1
Then, by small TFs we'll calculate waves and crossing of fibo targets of big and small TFs
b) Reverse -
* a zigzag downwards on h4-D1
is a condition of a turn, otherwise the ZZ on h4-d1 will go lower
