The warp knitting machine for jacquard-patterned pile-knit fabrics includes pile yarn carriers which are individually movable, according to a selected pattern, in the place of each needle to form a shed of the selected pattern forming and the non-selected pile yarns whereby the tip of the shed is at the knock-over point of the needle. A guide reed is movably arranged between the pile yarn carriers and a pile sinker and includes a laying edge which crosses the pattern-forming pile yarn of the shed. The guide reed performs lateral and sinking movement to overlay the selected pile yarn.