Expecting a bounce from the area 1.5318 by 100 points
01 September 2015, GBP/USD
The daily chart: Bears actively worked through the session, almost having swallowed the previous bullish pinbar. Nevertheless, we have the inside bar, which can be treated as favoring both bears and bulls, though clear advantage belongs to sellers. Technically, rollback is possible to the middleBollinger band (1.5565). Southern movement can be directed to the area of the 51st figure.
Н4: locally, probably the pair will spend some time in the flat 1.5312 -1.5426.
Н1: multiple convergence oscillator talk about the need of upward pullback from the support 1.5318.
Expectations: touching zone 1.5318 and rebound towards 1.5426.
solutions: 1 ) We buy from 1.5318 zone to the 1.5426
Aleksey PanasenkoAnalyst of «FreshForex» company
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