15 July 2016, GBP/USD
Daily chart: the bottom Bollinger band has shifted lower to 1.2300, which may indicate the upcoming end of the bullish movement (around 1.3594)
Н4: ADX is in the active zone, so a rebound from 1.3594 and further breakthrough are equally probable.
Н1: divergence of the oscillator is another sign of weakening of buyers. Local resistance is at 1.3464 (Upper Bollinger Band)
The main scenario - beginning of decline after a touch of 1.3464-1.35. The goals are 1.3357 and 1.3233
The alternative scenario - surge to 1.3594 followed by an abrupt downward reversal.
Solutions: look for Sell signals around 1.3464, 1.35, 1.3594.
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