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100 points' flat range

01 August 2016, GBP/USD

Daily chart: The pair continues to stay within the flat corridor 1.2934-1.3384 (the range of Bollinger envelopes)

100 points' flat range

Н4: at the local level, there is northern extension of envelopes and dynamic support of 1.3184 (middle Bollinger band).

100 points' flat range

Н1: 100 points' flat range has clamped the pair inside 1.3184-1.3283

100 points' flat range

Expectations: flat within the corridor 1.3184-1.3283

Solutions: trade in both directions within the flat range

Aleksey Panasenko
FreshForex Analyst
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