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Trading both sides within the channel 1.5253-1.5307

01 June 2015, GBP/USD

Daily chart: The pair is steadily descending in the direction of 1.5050.

Trading both sides within the channel 1.5253-1.5307

Н4: Passive ADX may speak about flat within Bollinger envelopes today with support based on 1.5236 and resistance on 1.5324

Trading both sides within the channel 1.5253-1.5307

Н1: We also have the flat within the channel 1.5253-1.5307

Trading both sides within the channel 1.5253-1.5307

Expectations: Flat 1.5253-1.5307

Trading decisions:

1)Trading both sides within the range 1.5253-1.5307.

Aleksey Panasenko
FreshForex Analyst
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