Goal - 1.4787
23 December 2015, GBP/USD
Daily chart: very active ADX does not allow to expect an upward reversal. We wait for lower drop of the price to new lows.
Н4: some convergence of the oscillator, but correction will be limited to a zone 1.4885 (middle Bollinger Band).
Н1: intermediate resistance 1.4850 (middle Bollinger Band). Support - 1.4787 (the bottom band)
Expectations: correction in the 1.4850-1.4885 area, where the pair will resume its decline to the area of 1.4787
Trading solutions: sale from the 1.4850-1.4885 zone to 1.4787
Aleksey PanasenkoAnalyst of «FreshForex» company
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