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Waiting for growth to 1.5050

Waiting for growth to 1.5050 | 24 June 2016

24 June 2016, GBP/USD

Daily chart: an openly bullish chart and ADX is curve. Minimum targets are around 1.5050.

Waiting for growth to 1.5050

Н4: ADX in the trend area is well, plus a pronounced hint of a break of the upper Bollinger envelope. It allows buying the pound after correction to ​​the middle Bollinger band (1.4740)

Waiting for growth to 1.5050

Н1: Here ADX is rising, but has not yet reached the core value yet. Support from the middle band is at (1.4834). The question is whether the price to enter up. But that's where the best deals are located.

Waiting for growth to 1.5050

The main scenario - the growth 1.5050

The alternative scenario - returns to 1.4834-1.4900 and then rise to 1.5050

Solutions: buy to 1.5050, the best possible way - from 1.4834-1.4900.

Aleksey Panasenko
FreshForex Analyst
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