When pairs make significant moves to reach all time highs I back track the pair to the last time the similar move played out which was this time in 2017 for GBPUSD. I am a big timeframe trader and have read multiple accounts of traders trading based off past moves. These moves and timeframe correlate.
I have also back tracked NZD pairs to the last time we saw NZD make a push like this and it was this time in 2018. Last time EURUSD made it to this zone was this time in 2017.
These pairs are playing out exactly how they played the last time they were in these zones and it’s playing out the same months and nearly the same day.
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