New wave of sales is possible | 03 نوفمبر 2015

03 نوفمبر 2015, GBP/USD

The daily chart: The upper Bollinger band shows a significant supply of the Pound, which can cause a new decline towards the bottom band (1.5184)

Н4: strong resistance is also present in the area of 1.55 (upper Bollinger band), but we aslo can seen the local O&U from the area 1.5467.

Н1: Another intermediate resistance is at the middle Bollinger band (1.5436).

Expectations:

1) decline from 1.5436

2) decline from 1.5467

solutions: We sell from the zone 1.5436, 1.5467. The goal - 1.5150 (extraday).

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.

يشارك

Facebook

Twitter

Aleksey Panasenko

محلل شركة FreshForex

FreshForex is a brand with a 20-year history, providing access to online trading for clients from 158 countries worldwide.
The company’s services are intended for adult users. If the use of these services violates local laws, you must immediately leave the website. The company does not provide services in the following countries.
Risk Warning: Trading financial instruments with leverage involves significant risks and may result in both profits and losses. Potential losses are limited to the amount of funds deposited. Before deciding to trade, clients should assess their risk tolerance, experience level, and knowledge.
We use cookies to improve your experience on our website.