We are looking for sales to 1.51 | 14 اكتوبر 2015

14 اكتوبر 2015, GBP/USD

The daily chart: work in full accordance with our yesterday's expectations - namely, the end of a pullback to the middle Bollinger band and a continued decline in the overall downtrend. Momentum was clearly bearish, so you can expect that 1.51 will be reached

Н4: correction to the middle Bollinger band (1.5316) is possible, from where the decline will continue.

Н1: As we can see, there is a strong resistance in the 1.5272 area (middle Bollinger band), so the pound may not pass above.

Expectations: So, there is a broad resistance zone 1.5272-1.5316, where with a high degree of probability the pound will fall to 1.51

solutions: We are looking for sales from zone 1.5272-1.5316 to 1.51


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.
Aleksey Panasenko
محلل شركة FreshForex
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