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Looking to buy around 1.5552

23 July 2015, GBP/USD

Daily chart envelopes are griped and now there is a tendency that the upper Bollinger band is going to be the objective (1.58)

Looking to buy around 1.5552

Н4: flat1.5536-1.5633.

Looking to buy around 1.5552

Н1: a better expressed support on the bottom Bollinger band (1.5552). Resistance is on 1.5648.

Looking to buy around 1.5552

Expectations: decline to 1.5552 and a new phase of growth in the direction of 1.5648.

Trading decisions:

1)Looking to buy around 1.5552. Targets - 1.5648 and 1.58 in the middle run.

Aleksey Panasenko
FreshForex Analyst
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