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

Flat 1.3174 - 1.3253

22 July 2016, GBP/USD

Daily chart: a continued consolidation of the price around the middle Bollinger band (1.3291) and no technical signals of change in this trend yet

Н4: a horizontal range within Bollinger envelope (1.3074-1.3291)

Н1: an even better shaped flat corridor 1.3174-1.3253. ADX is rising, but still weak, so we expect this range to remain.

Expectations: flat 1.3174 -1.3253

Solutions: trading within the corridor 1.3174-1.3253

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.