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Buy from 1.5522

11 August 2015, GBP/USD

Daily chart: the pair keeps being in the flat contracted corridor 1.5488-1.5658

Buy from 1.5522

Н4: in terms of a little stop in the upper envelope, we expect the decline to 1.5488, where we can see local bullish O&U.

Buy from 1.5522

Н1: local support 1.5522 (the middle Bollinger band )

Buy from 1.5522

Expectations : wait for the pullback to 1.5522 and then the growth to 1.5658

Trading solutions:

1) Buy from 1.5522 to 1.5658

Aleksey Panasenko
FreshForex Analyst
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