Purchases from 1.5384
11 September 2015, GBP/USD
The daily chart: the price has reached the middle Bollinger band, where there are only two options - either to the upper band (1.5843) or the bottom (1.5134). Bulls have a strong argument in the form of an aggressive perforation of yesterday's inside bar. But for some reason, ADX did not react to it, which gives chances to bears.
Н4: northern pressure with some overboughtness remains. It can make the pair correct to the middle Bollinger band (1.5384)
Н1: bulls are weaker which is shaped as bullish divergence oscillator.
Aleksey PanasenkoAnalyst of «FreshForex» company
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