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Growth to 1.3103

27 September 2016, GBP/USD

Daily chart: the bottom Bollinger band (1.2895) is a strong support area, so basic expectation is surge to ​​1.3175 (middle Bollinger band)

Growth to 1.3103

Н4: a well expressed bullish convergence of the oscillator also shows advantages of bulls and reversal character of movements. Support is zone of 1.2911 (the lower Bollinger band), resistance - 1.3007 and 1.3103 (middle and upper Bollinger bands, the same levels are "psychological" and therefore - interesting)

Growth to 1.3103

Н1: ADX is very close to the trendline area, so the basic expectation is surge of the pair towards 1.3103 (through possible difficulties around resistance 1.3007 level)

Growth to 1.3103

Expectations: growth to 1.3007 and then to 1.3103

Solutions: purchase to 1.3103

Aleksey Panasenko
Analyst of «FreshForex» company
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