Premarket view on the pound. What we can expect on Monday

28 December 2015, GBP/USD

Daily chart: technical correction in the direction of the middle Bollinger band (1.5030)

Premarket view on the pound. What we can expect on Monday

Н4: very active trend ADX, so we expect a breakdown of the upper Bollinger band (1.4937) and growth to 1.5030

Premarket view on the pound. What we can expect on Monday

Н1: local support in the middle band (1.4895) allows you to open to buy to 1.5030.

Premarket view on the pound. What we can expect on Monday

Expectations: decline to 1.4895 and rise to 1.5030

Trading solutions: buying from 1.4895 to 1.5030

Aleksey Panasenko
FreshForex Analyst
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