We are waiting for growth to 1.5157

25 November 2015, GBP/USD

Daily chart: the narrowing trading range and massive convergence of RSI. This could mean preparing for a reversal to the zone of the bottom Bollinger band (1.5028) towards 1.5234 (the middle Bollinger band).

We are waiting for growth to 1.5157

Н4: confirm the density of 1.5028 support. Localized resistance -1.5179 (middle Bollinger Band).

We are waiting for growth to 1.5157

Н1: more localized support lies at 1.5045 (bottom Bollinger Band). Resistance 1.5101, 1.5157

We are waiting for growth to 1.5157

Expectations: rise to 1.51, 1.5157. Perhaps pre-touch 1.5045.

Solutions: purchase from 1.5045 zone to the 1.51 and 1.5157

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
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 .
© 2004—2019 FreshForex – Forex broker
manager photo manager photo
We will be pleased to answer any questions you may have



Get bonus

FreshForexInstant deposit