manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Log in

GBP is to decrease to 1.4243

22 March 2016, GBP/USD

Daily chart: price is going according to possibility with medium-term decrease in direction of support from middle Bollinger line (1.4182). There isn’t decrease impulse so bears should be patient in decreasing to this aim.

 GBP decrease to 1.4243

Н4: the strong support is more localize in zone of rising bottom Bollinger line (1.4243). It could be bounce from this zone.

GBP decrease to 1.4243

Н1: it is flat but I think older frames would have influence on pair and price would decrease. It isn’t time for buy.

GBP decrease to 1.4243

Expectation: we are consider possibility with pair decrease to 1.4243 (aim could be reached in nearest future but not today)

Trading decisions: sell to 1.4243.

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .