New wave of sales is possible
03 November 2015, GBP/USD
The daily chart: The upper Bollinger band shows a significant supply of the Pound, which can cause a new decline towards the bottom band (1.5184)
Н4: strong resistance is also present in the area of 1.55 (upper Bollinger band), but we aslo can seen the local O&U from the area 1.5467.
Н1: Another intermediate resistance is at the middle Bollinger band (1.5436).
1) decline from 1.5436
2) decline from 1.5467
solutions: We sell from the zone 1.5436, 1.5467. The goal - 1.5150 (extraday).
Aleksey PanasenkoAnalyst of «FreshForex» company
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us