manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Waiting for finalization of 1.4458

20 June 2016, GBP/USD

Daily chart: technical correction towards 1.4458 (middle Bollinger band), whereupon it will drop to 1.4140 (the lower Bollinger band) again

Н4: local bullish potential remains there, so we are waiting for finalization of 1.4458 zone. Bears will need to wait for short signals before entering, because upward breakthroughs are possible.

Н1: Though active trend ADX is a sign of growth, but at the same time we see divergence of oscillator. Bearish scenario can be enabled by movement under the middle Bollinger band (1.4388)

The main scenario: growth to 1.4458

The alternative scenario: decline to 1.42

Trading solutions: Buy to 1.4458.

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .