manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Wait for a rollback from 1.58-1.5845

15 May 2015, GBP/USD

Day chart: upper Bollinger band shows 1.5845, but it is a very strong resistance for such growth. So, we are waiting for decline to 1.5581

Wait for a rollback from 1.58-1.5845

Н4: there is a divergence oscillator, which proves our forecast about correction. An additional indicator for us is the correlation with the Eurodollar chart.

Wait for a rollback from 1.58-1.5845

Н1: local resistance at 1.58. Internal support at 1.5744.

Wait for a rollback from 1.58-1.5845

Expectations: so, a strong rollback is expected from 1.58-1.5845 area to 1.5744

Trading decisions:

1) You are late for buyings, so look for short-signal at 1.5800-1.5841 area.

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.