Premarket view on the pound. What we can expect on Monday
14 December 2015, GBP/USD
Daily chart: probably we will see touch of the upper Bollinger band (1.5307), and then downward correction because ADX is turned down.
Н4: 1.5270-1.5307 resistance zone. Just see inactive ADX, so the basic expectation - downward correction.
Н1: upward potential remains here, so we are waiting for finalization of the zone 1.5270-1.5307
Expectations: finalization of the zone 1.5270-1.5307 and then decline to 1.5176
Trading solutions: sale from 1.53 to 1.5176
Aleksey PanasenkoAnalyst of «FreshForex» company
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