Premarket on the Pound. What we can expect on Monday | 26 October 2015

26 October 2015, GBP/USD

The daily chart: the price has very actively reached the middle Bollinger band (1.5304) and is likely to decline in the direction of the bottom line (1.5056)

Н4: we a have local short signal - breakthrough of the lower envelope. Farther movement down and pre-correction to the middle Bollinger band are equiprobable

Н1: resistance, from which a new movement down may start is more localized - 1.5373 (middle Bollinger Band).

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus