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Buy from support 1.4014

03 March 2016, GBP/USD

Daily chart: correction will be lasted to middle Bollinger line (1.4272).

Buy from support 1.4014

Н4: ADX is strong but pair is in pullback on direction of middle Bollinger line (1.3971). We can look for rising signals after correction.

Buy from support 1.4014

Н1: price is in range 1.4014-1.4117. Buy from support 1.4014.

Buy from support 1.4014

Expectation: pullback to 1.4014 and then growth to 1.4117 (and further growth to 1.4272)

Trading decisions: buy from 1.4014 to 1.4117 or 1.4272 (extra day)

Aleksey Panasenko
Analyst of «FreshForex» company
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