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.
Н4: local support zine is 1.3844 (bottom Bollinger line). Resistance is 1.4178 (upper line)
Н1: side local range is 1.3915-1.3979 ADX is passive.
Expectation: flat is 1.3915-1.3979
Trading decisions: we are looking for upward signals in 1.3915 zone.
Aleksey PanasenkoAnalyst of «FreshForex» company
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