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

Southern potential

15 August 2016, GBP/USD

Daily chart: accumulation of Southern pressure can lead to a noticeable collapse of the pair towards 1.2770.

Southern potential

Н4: resistance is around the middle Bollinger band and the round psychological level (1.2996), where the best possible area for correction and thus sales will be found.

Southern potential

Н1: a better shaped resistance is at 1.2950 (the middle Bollinger band)

Southern potential

Expectations: touch of area 1.2950 and then decline towards 1.2850 and possibly 1.2770

Solutions: sales from 1.2950 to 1.2850

Nikolay Krishtopov
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.