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Growth to 1.5642-1.5689

12 May 2015, GBP/USD

Growth to 1.5642-1.5689 area

Day chart: there is strong bull's pressure to 1.5689 (upper Bollinger band)

Growth to 1.5642-1.5689

Н4 chart: support to middle Bollinger band (1.5410)

Growth to 1.5642-1.5689

Н1 chart: local range between 1.5475 and 1.5642

Growth to 1.5642-1.5689

Foresight: so, growth to 1.5642 and 1.5689 is expected, but before it can achieve 1.5475 area.

Trading decisions:

1) Buy from 1.5475 to 1.5642 and 1.5689 area

Aleksey Panasenko
Analyst of «FreshForex» company
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