13 October 2015, GBP/USD
The daily chart: the pair notably hesitated around the middle Bollinger band that may be a sign of beginning of a new decline to the bottom band (1.5040). Bollinger envelopes keep horizontal orientation, so growth to the upper band (1.5557) is also still relevant.
Н4: narrowing of the envelopes before impulse volatility. So far, everything looks exactly as preparation for Southern movement.
Н1: zone of 1.5322 may show a significant support - ADX is not yet ready for deeds.
Expectations: So, we wait for attack of the support 1.5322, which may for some time be ineffective, but with the breakdown below we get a strong aspiration towards 1.5040
solution : We sell either based on a breakdown of 1.5298 or a pullback up to the area of the hourly middle Bollinger band (1.5343). The objective is 1.5040, but it is unlikely that it can be reached in one day.
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