Flat till NFP?

05 November 2015, GBP/USD

Daily chart: the chart grip tis pair in a vice from Bollinger envelopes. Seller have almost all yesterday range. But buyers saved a couple strong resistance (1.5373 and 1.5349 – middle and low Bollinger bands).

Flat till NFP?

Н4: one more strong resistance at 1.5359 (low Bollinger band).

Flat till NFP?

Н1: 1.5359 resistance again and we can’t see a potential for breaking it. Local resisance - 1.54 (middle Bollinger band).

Flat till NFP?

Expectation: achieve 1.5359 and up rollback to 1.54 Trading solutions: 1) Sellings are actual from 1.5359, and buyings from 1.54. Ranges are small, so be careful.

Aleksey Panasenko
FreshForex Analyst
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