04 June 2015, GBP/USD
Daily chart: yesterday bulls managed to become stronger with the help of inside bar and confirmed general Northern determination. We are looking for the chanced to buy on pullbacks.
Н4: A local Over&Under is present here with the entrance point in the area 1.5236. It is unlikely that today the price can leave beyond envelopes (1.5389), but entrance to middle-term movement is possible today.
Н1: a strong local supprot is based at 1.5280. Resistance is 1.5358
Expectations: touch of the area 1.5280 and growth to 1.5358, with the middle-term target based at 1.5389 and 1.5471
1) We shall buy from 1.5280 to 1.5358.