Log in

Expecting a pullback to 1.5580

19 August 2015, GBP/USD

The daily chart a failed attempt to break through the upper envelope, but ADX shows, that outcome is close. Now we are expecting a pullback down and buy anticipating the movement to 1.58.

Expecting a pullback to 1.5580

Н4:around 1.5580 we can consider a local bullish O & U, so the area can be a magnet for the price.

Expecting a pullback to 1.5580

Н1: детализация O&U.

Expecting a pullback to 1.5580

Expectations: falling to 1.5580 and the beginning of growth to 1.58.


1) Purchase from 1.5580 to 1.58 (in the middle run)

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.