25 September 2015, GBP/USD
The daily chart: a very important support at the lower Bollinger band (1.5147). It can either make the pair bounce off in the area of the middle band (1.5350) or let bears move to 1.4964.
Н4: lower local support at 1.5133 (Lower Bollinger Band)
Н1: rather well expressed bullish convergence of oscillator - a sign of weakening of sellers. Range of envelopes - 1.5213-1.5285
Expectations: 1) The main scenario - ascending flat 1.5213-1.5285. 2) Alternative scenario - decline to 1.5133 and bounce up towards 1.5285
solutions: We buy from one of the supports as soon as we receive confirming Buy signals.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us