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Trading in the range 1.5556-1.5628

05 August 2015, GBP/USD

Daily chart: flat is in the upper part of the envelope. If bulls can not take the initiative, the pair may fall to the bottom Bollinger band (1.5407)

Trading in the range 1.5556-1.5628

Н4: The pair is based within the flat range, whereas we have a very weak ADX. The corridor 1.5553-1.5648

Trading in the range 1.5556-1.5628

Н1: a little more localized flat corridor - 1.5556-1.5628.

Trading in the range 1.5556-1.5628

Expectations: here is flat 1.5556-1.5628.

Trading solutions:

1) Trading in the range 1.5556-1.5628.

Aleksey Panasenko
FreshForex Analyst
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