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We are looking for upward signals in 1.3915

26 February 2016, GBP/USD

Daily chart: bulls convergence oscillator is marked inside bar it has strong correction (or turn over). ADX is strong and envelope expand is marking about saving south potential.

We are looking for upward signals in 1.3915

Н4: local support zine is 1.3844 (bottom Bollinger line). Resistance is 1.4178 (upper line)

We are looking for upward signals in 1.3915

Н1: side local range is 1.3915-1.3979 ADX is passive.

We are looking for upward signals in 1.3915

Expectation: flat is 1.3915-1.3979

Trading decisions: we are looking for upward signals in 1.3915 zone.

Aleksey Panasenko
Analyst of «FreshForex» company
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