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Waiting to buy at 1.57

26 June 2015, GBP/USD

Daily chart: the upper Bollinger band has raised even higher to 1.5988, which can perform as the target in the middle run. Since ADX is not ready yet, a local consolidation can continue today.

Waiting to buy at 1.57

Н4: narrowing of Bollinger envelopes , which can anticipate impulse. Support на 1.5667, resistance is 1.5816.

Waiting to buy at 1.57

Н1: a better shaped support on 1.5700 (the bottom Bollinger band).

Waiting to buy at 1.57

Expectations: waiting touch of 1.57 and buy to 1.5763, 1.5816.

Trading decisions:

1) Purchases from 1.57 to 1.5763, 1.5816.

Aleksey Panasenko
Analyst of «FreshForex» company
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