looking at the below price chart, the GBP/USD formed a well BULLISH ROUNDED BOTTOM. Creating it's first reaction high at September 4th 2016 (1.3444 well seen in the chart below). price fell for the rest of the year and find support at 1.1986 after some sort of  some range bound. the market finanly begin it's advance at January 15th with a huge bullish candle. Price continue to advance for the next six months which leads to the breakout of the first reaction high at 1.3444. This leads to a well defined BULLISH ROUNDED BOTTOM as a result of the breakout.  After some sort of correction the GBP/USD may see bullish advance to 1.4902 area in few weeks or months to come.

Analysis as of 4th September Hello everyone looking at the chart below the Eur/Usd formed a well bearish candle stick at a clear false breakout zone at 1.2047 which stands as a major zone. As a result of the described signal the Eur/usd may see some bearish move to 1.1229 zone in the next few weeks or months to come.