Premarket on the Pound. What we can expect on Monday | 19 اكتوبر 2015
19 اكتوبر 2015, GBP/USD
The daily chart: inside bar in the area of the upper band Bollinger band can make the pair get corrected back towards the bottom band (1.5029). However, it is unlikely that such a range could be covered by a single trading day - ADX looks passive.
.png "Premarket on the Pound. What we can expect on Monday")
Н4: local strong support at the middle Bollinger band (1.5397), from which bulls may try to attack towards the upper band (1.5583) again.
.png "Premarket on the Pound. What we can expect on Monday")
Н1: intraday flat corridor within the framework of Bollinger envelopes (1.5429-1.5480)
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.
