29 April 2016, GBP/USD
Daily chart: a very active trend ADX allows us to count on a significant growth of the pair. Visually goals can be up to 1.4925 and there is quite a high probability that bulls will delay finalization of their goals
Н4: we also notice trend activity of ADX plus expansion of Bollinger envelopes - that allows us to count on growth to the 47-th and 48-th figures.
Н1:an absolutely the same situation, although at the local level the pair is overbought to a certain extend. Support is at the middle Bollinger band (1.4607)
Expectations: The main scenario - growth towards 1.4925
The alternative scenario - pullback to 1.4607 and rapid surge
Trading solutions: Buy to 1.4925