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Buy from 1.4286-1.4316 zone

02 February 2016, GBP/USD

Day chart: wait for the price moving near middle Bollinger ban(1.4387).

Buy from 1.4286-1.4316 zone

H4: there is a technical pull back to middle Bollinger band zone (1.4316), then some growth is likely to appear to 1.4450 level (upper band).

Buy from 1.4286-1.4316 zone

H1: there is a strong 1.4286-1.4316 resistance zone.

Buy from 1.4286-1.4316 zone

Expectations: wait for pull back to 1.4286-1.4316 zone and then growth to 1.4482 Trading solutions: long positions from 1.4286-1.4316 to 1.4482

Aleksey Panasenko
Analyst of «FreshForex» company
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