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Strong resistance 1.5664

13 August 2015, GBP/USD

Daily chart: the pair’s corridor 1.55-1.5664 continues .

Strong resistance 1.5664

Н4: we verify the same corridor - strong resistance 1.5664 and the support 1.55.

Strong resistance 1.5664

Н1: as we see from the support 1.5571-1.56 one more impulse 1.5664 is probable.

Strong resistance 1.5664

Expectations: the growth to 1.5664 and then the decline to 1.55.

Trading solutions:

1) Buy from 1.5570 to 1.5664

2) Sell from 1.5664 to 1.55.

Aleksey Panasenko
FreshForex Analyst
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