14 September 2015, GBP/USD
The daily chart: Bollinger envelopes are stable, ADX is not so active, strong resistance at the middle Bollinger band - all these factors make scenario of growth, or a pullback down to the bottom band equally probable. The main bullish argument is the inside bar broken up. So I tend more to Northern scenario
Н4: rising configuration without active ADX indicates the possibility of finding the pair inside the top Bollinger envelope (1.5393-1.5464) throughout the day
Н1: flat frame, the same corridor.
Expectations: Flat 1.5393-1.5457.
1) Buy from 1.5393-1.54 to 1.5457.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us