manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

An intense growth

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

An intense growth

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.

An intense growth

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)

An intense growth

Expectations: The main scenario - growth towards 1.4925

The alternative scenario - pullback to 1.4607 and rapid surge

Trading solutions: Buy to 1.4925

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.