We are waiting for growth to 1.5157 | 25 نوفمبر 2015

25 نوفمبر 2015, GBP/USD

Daily chart: the narrowing trading range and massive convergence of RSI. This could mean preparing for a reversal to the zone of the bottom Bollinger band (1.5028) towards 1.5234 (the middle Bollinger band).

We are waiting for growth to 1.5157

Н4: confirm the density of 1.5028 support. Localized resistance -1.5179 (middle Bollinger Band).

We are waiting for growth to 1.5157

Н1: more localized support lies at 1.5045 (bottom Bollinger Band). Resistance 1.5101, 1.5157

We are waiting for growth to 1.5157

Expectations: rise to 1.51, 1.5157. Perhaps pre-touch 1.5045.

Solutions: purchase from 1.5045 zone to the 1.51 and 1.5157

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.

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Aleksey Panasenko

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