Purchases from 1.5384 | 11 سبتمبر 2015
11 سبتمبر 2015, GBP/USD
The daily chart: the price has reached the middle Bollinger band, where there are only two options - either to the upper band (1.5843) or the bottom (1.5134). Bulls have a strong argument in the form of an aggressive perforation of yesterday's inside bar. But for some reason, ADX did not react to it, which gives chances to bears.
.png "Purchases from 1.5384")
Н4: northern pressure with some overboughtness remains. It can make the pair correct to the middle Bollinger band (1.5384)
.png "Purchases from 1.5384")
Н1: bulls are weaker which is shaped as bullish divergence oscillator.
.png "Purchases from 1.5384")
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
