Premarket on the Pound. What we can expect on Monday | 16 نوفمبر 2015
16 نوفمبر 2015, GBP/USD
Daily chart: a significant upward correction has chances to refine the middle Bollinger band (1.5318), from where a new rising wave to 1.5074 (the bottom band) could start.
Н4: a little more localized resistance at the upper Bollinger band (1.5271). Support 1.5184 (the middle band)
Н1: another resistance at current levels (1.5231), but it is under strong bullish load, so the probability of further growth is high.
Expectations: The main scenario - rise to 1.5271 and then fall towards 1.5184. The alternative scenario - a decline from 1.5231.
solutions: Sales from the 1.5271 zone to 1.5184.
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.
