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

Sell from 1.4508

18 May 2016, GBP/USD

Daily chart: most likely, the current trend will continue - flat at the middle Bollinger band (1.4472). ADX is weak and inactive, although we note that envelopes started to get narrower, which may indicate accumulated of volume. However, it seems it will not happen today.

Н4: a flat horizontal corridor within Bollinger envelopes (1.4332-1.4508)

Н1: a better shaped flat corridor 1.4435-1.4508.

Expectations: leap up to 1.4508 and then fall to 1.4435

Trading solutions: sales from 1.4508 to 1.4435.

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.