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03 February 2016, GBP/USD

Daily chart: there is a continued flat around the middle Bollinger band (1.44) and there is no signal to a change in this trend.


Н4: the pair is clamped within the range 1.4345-1.4474. We notice a positional advantage of buyers.


Н1: another frame meaning flat of the pair within the corridor 1.4366-1.4439.


Expectations: flat 1.4366-1.4439.

Trading solutions: purchase from 1.4366 to 1.4439

Aleksey Panasenko
FreshForex Analyst
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