manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Close
Log in

Premarket on the Pound. What we can expect on Monday

12 October 2015, GBP/USD

The daily chart: we note bullish convergence of oscillator, so we can assume that the pound will generally reverse up. This pair is now in a difficult resistance zone (middle Bollinger band, 1.5304), which could make it roll back down again into zone 1.52.

Premarket on the Pound. What we can expect on Monday

Н4: we confirm previous findings - everything will decide reaction of the price to the support 1.5304.

Premarket on the Pound. What we can expect on Monday.

Н1: also equally probable scenarios, because pressure on the support of 1.5304 occurs on the weak ADX. Goals down - 1.5254 and 1.5178, above - 1.5383.

Premarket on the Pound. What we can expect on Monday.

Expectations: on rebound from 1.5304 - we're waiting for growth to 1.5383, with a break below 1.5304 - decline to 1.5254 and 1.5178.

solutions: 1) We buy from the 1.5304 to 1.5383. 2) We sell under 1.5304 to 1.5254 and 1.5178

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.