Rising flat

09 February 2016, GBP/USD

Daily chart: pair is in the middle range of Bollinger envelop (1.4103-1.4616) – it is the most uncomfortable moment to determine future scenario.

Rising flat

Н4: we see local trend line and support line on 1.4372 level. Possible rising aims are 1.4528 and 1.4616

Rising flat

Н1: Condition of observe bond indicators is flat, so we are waiting price fluctuation in middle line zone (1.4453) with aim on 1.4528.

Rising flat

Expectation: grow to 1.4453 and 1.4528

Trading decisions: buy to 1.4452 and 1.4528

Aleksey Panasenko
FreshForex Analyst
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