21 March 2016, GBP/USD
Daily chart: some northern potential has remained. So far, it is limited by 1.4561 (Upper Bollinger Band), from where the downward turn towards the middle band (1.4151) is expected. Obviously, such a scenario cannot be implemented intraday.
Н4: signs of weakening of the bullish front in the form of divergence of the oscillator. Local support is at the middle Bollinger band (1.4312), resistance is 1.4618 (upper band).
Н1: flat corridor 1.4426-1.4509 and divergence of RSI as well. Thus, the best possible option is to sell from 1.45 to 1.4426 and 1.4312 (extraday)
Expectations: fall to 1.4426 from 1.4509. An extraday goal - 1.4312
Trading solutions: sell on touch of 1.4500-1.4509 to 1.4426 and 1.4312.
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