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Buying from 1.5509 to 1.5646

27 July 2015, GBP/USD

The daily chart: there is potential for growth to the upper Bollinger band (1.5777)

Shopping from 1.5509 to 1.5646

H4: intermediate resistance at 1.5646 (upper band Bollinger). Parameters of ADX are insufficient for a more impressive growth.

Buying from 1.5509 to 1.5646

H1 : the local resistance in the 1.5572 area could drop the pair to the middle line (1.5509), but if the upper envelope is broken, you can buy based on the medium-term to move to 1.5646 and above.

Buying from 1.5509 to 1.5646

Expectations: rise to 1.5572, 1.5509, and pullback to a new growth toward 1.5646.

Trading solutions:

1) We buy from 1.5509 to 1.5646.

Aleksey Panasenko
FreshForex Analyst
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