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Bounce from 1.5240 to 1.5341 is possible

03 September 2015, GBP/USD

The daily chart: a continued gradual decline of the pair and the nearest support is at 1.5178

Bounce from 1.5240 to 1.5341 is possible

Н4: local support at 1.5240, from where correction to ​​the middle Bollinger band (1.5341) is probable.

Bounce from 1.5240 to 1.5341 is possible

Н1: flat status.

Bounce from 1.5240 to 1.5341 is possible

Expectations: falling to 1.5240 and then rebound towards 1.5341.

solutions: 1) When there is a Long signal from 1.5240, buy to 1.5341

Aleksey Panasenko
FreshForex Analyst
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