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Looking for signals to enter upward

09 June 2015, GBP/USD

Daily chart: inside bar from the bottom Bollinger bands - is a serious proof-point of bulls to continue general growth of the Pound. In the middle run, it is rather probable that the price will move to 1.5806 (the upper Bollinger band).

Looking for signals to enter upward

Н4: flat range 1.5226-1.5417, where up and down trading can be performed before an impulse to North occurs.

Looking for signals to enter upward

Н1: downward technical correction to 1.5315 (the middle Bollinger band) and probably to 1.5226 (bottom band).

Looking for signals to enter upward

Expectations: Growth either hitting 1.5315, or (in case of moving under 1.5300) - from 1.5226.

Trading decisions:

1) Waiting for signals on Н1 to buy in the areas 1.5315 or 1.5226.

Aleksey Panasenko
Analyst of «FreshForex» company
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