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Range 1.5586-1.5651

06 August 2015, GBP/USD

Daily chart: the pair continues to be a wide flat range within the envelope Bollinger (1.5417-1.5711)

Range 1.5586-1.5651

Н4: more localized flat - 1.5549-1.5651

Range 1.5586-1.5651

Н1: local support around the middleBollinger band (1.5586), resistance -1.5651.

Range 1.5586-1.5651

Expectations: touching zone 1.5586 and rising to 1.5651.

Trading solutions:

1) Purchases from 1.5586 to 1.5651.

Aleksey Panasenko
FreshForex Analyst
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