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Intraday corridor 1.4323-1.4390

19 February 2016, GBP/USD

Daily chart: wide horizontal channel is 1.4164-1.4610. It is a rising tendency.

Intraday corridor 1.4323-1.4390

Н4: side corridor 1.4224-1.4476 is more localized.

Intraday corridor 1.4323-1.4390

Н1: intraday the price will probably be traded inside the upper Bollinger Envelope (1.4323-1.4390)

Intraday corridor 1.4323-1.4390

Expectation: flat 1.4323-1.4390

Trading decisions: rest from trading or open both side deals into flat corridor.

Aleksey Panasenko
FreshForex Analyst
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