The price will touch zone 1.4372 | 16 فبراير 2016
16 فبراير 2016, GBP/USD
Daily chart: the flat status of the frame is still here, the range is limited by the upper envelope (1.4372-1.4634)
Н4: a better shaped horizontal corridor 1.4415-1.4552
Н1: support in the area of 1.4411 does not look reliable - ADX is pressing, so revision of 1.4372 zone is possible
Expectations: decline towards 1.4372 and then an upward bounce up to 1.4478
Trading solutions: 1) Sales to 1.4372 2) Buy from 1.4372 to 1.4478
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.
