manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Potential bottom is around 1.4116

20 January 2016, GBP/USD

Daily chart: extreme movement of the ligament ADX/RSI continues, which signals about approach of correction, but we have not received signals of beginning correction yet. The bottom band of Bollinger shows a possible bottom in the area of ​​1.4116.

Potential bottom is around 1.4116

Н4: bullish convergence of oscillator. Support is in the area of ​​1.4116, resistance is at 1.4293

Potential bottom is around 1.4116

Н1: a similar situation.

Potential bottom is around 1.4116

Expectations: So, we wait for fall to 1.4116, and then an upward reversal with the first target 1.4227

Trading solutions: buy from 1.4116 to 1.4227

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .