12 August 2015, GBP/USD
Daily chart: the pair consolidation is continued within the Bollinger envelopes (1.5498-1.5658)
Н4: local resistance 1.5622 with a big probability to cut the bullish wave and push the pound to 1.55.
Н1: here we can see flat corridor 1.5550-1.5600.
Expectations : Flat 1.5550-1.5600.
1) trade in the corridor 1.5550-1.5600.
2) In the case of fast direction to 1.5622 - sell to 1.5550, to 1.55 (extraday)
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