18 April 2016, GBP/USD
Daily chart: Bears predictably seized the initiative and stopped correction of buyers. With such a well-expressed momentum, it should not be difficult for sellers to reach the bottom Bollinger band (107.02), which, moreover, is the psychological level.
Н4: we also have a bearish pressure from ADX, so we expect a continued downward movement.
Н1:signs of a local oversoldness, but ADX in the active trend zone, so is unlikely that the bottom will be touched at support 107.65 (the bottom Bollinger band).
Trading solutions: sale to 107.02
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