manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

British Pound generally targets 1.54

30 July 2015, GBP/USD

Daily chart: a bearish pin from the upper Bollinger band has been produced , which almost certainly will bring the pair to the bottom Bollinger band in the next few days (1.5403)

British Pound generally targets 1.54

Н4: a local support at the bottom Bollinger band (1.5503)

British Pound generally targets 1.54

Н1: envelopes Bollinger are quiet and passive ADX imply that today the price will spend the day in the bottom Bollinger envelope (1.5567-1.5614)

British Pound generally targets 1.54

Expectations: decline to 1.5567 and bounce to 1.5614.

Trading solutions:

1) We shall sell on bounce from 1.5614 with the medium-term objective 1.5403.

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .