The range 1.3313 - 1.3368 | 03 أغسطس 2016
03 أغسطس 2016, GBP/USD
Daily chart: ADX is growing, but it is still far from the trendline area. This could mean continuation of the Northern accumulation inside the upper Bollinger envelope (1.3175-1.3407)
Н4: growth without sufficient efforts of ADX indicates the limited Northern potential for the day. Resistance - 1.3357 and 1.3407. Support is at 1.3235 (middle Bollinger band)
Н1: correction from ADX. The pair appears to spend the day inside the upper envelope (1.3313-1.3368)
Expectations: flat 1.3313-1.3368
Solutions: sales from 1.3368 to 1.3313
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.
