24 July 2015, GBP/USD
Daily chart: accumulation around all three bands from three frames continues. Here we have a descending dynamics towards the bottom Bollinger band (1.5374)
Н4: weak ADX. We expect flat within the bottom envelope (1.5491-1.5562)
Н1: a better shaped resistance from the middle band (1.5531). Meanwhile, support is deeper than on Н4 – it is on 1.5466.
Expectations: flat 1.5466-1.5531
1) We shall sell from 1.5531 if we have Buy signal; the target is - 1.5466.