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)
Н4: at the local level, there is northern extension of envelopes and dynamic support of 1.3184 (middle Bollinger band).
Н1: 100 points' flat range has clamped the pair inside 1.3184-1.3283
Expectations: flat within the corridor 1.3184-1.3283
Solutions: trade in both directions within the flat range
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