100 points' flat range | 01 أغسطس 2016
01 أغسطس 2016, GBP/USD
Daily chart: The pair continues to stay within the flat corridor 1.2934-1.3384 (the range of Bollinger envelopes)
Н4: at the local level, there is northern extension of envelopes and dynamic support of 1.3184 (middle Bollinger band).
Н1: 100 points' flat range has clamped the pair inside 1.3184-1.3283
Expectations: flat within the corridor 1.3184-1.3283
Solutions: trade in both directions within the flat range
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.
