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Buy to 1.32

18 August 2016, GBP/USD

Daily chart: the pair is ready to move to the upper Bollinger band (1.3361). We consider such a scenario if the market breaks above the middle band (1.3112)

Buy to 1.32

Н4: a bullish trending pressure from ADX, so resistance of 1.3112 will definitely be under load.

Buy to 1.32

Н1: a similar situation. Local resistance 1.3079 is likely to be broken.

Buy to 1.32

Expectations: Now, we are waiting for growth to 1.32 (with an eye on 1.3361)

Solutions: purchase to 1.32 (extraday it is 1.3361)

Aleksey Panasenko
FreshForex Analyst
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