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Sell from 1.5745

25 June 2015, GBP/USD

Daily chart: Pound is getting down as the divergence is emerging, so, Northern potential is weak. There is some dynamics to 1.5950, but the middle Bollinger band (1.5527) has a great impact.

Sell from 1.5745

Н4: resistance - Bollinger band (1.5775), from the pair the pair is supposed to decline 1.5646 bottom band).

Sell from 1.5745

Н1: even better shaped resistance 1.5745 and support at 1.5666.

Sell from 1.5745

Expectations: Touch of 1.5746 and decline to 1.5666.

Trading decisions:

1) Sell from 1.5745 to 1.5666.

Aleksey Panasenko
FreshForex Analyst
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