miziler replies to: Cable Update (GBPUSD)


Last night I attached the predicted support and resistance levels of GBPUSD of the Volatility Response Model (VRM) for today. Here are the results. Weekly levels in the top 30 minute chart, daily levels in the bottom 30 minute chart. Times are GMT-4 . EMA channel (4,7) included.

Daily level 1.3395 was the day’s low before rising to daily levels 1.3453/1.3455. After that there was a bounce off level 1.3432. There were some large gaps between levels.

Predictions for tonight and tomorrow to follow.

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