1.2965 is to be finalized | 09 أغسطس 2016
09 أغسطس 2016, GBP/USD
Daily chart: the pair has almost reached the bottom Bollinger band (1.2965), from where an upward rebound is expected to take place. Thus it is necessary to be careful in trading, because the ADX is rising
Н4: a downward local trend towards support 1.2965 remains here.
Н1: the intermediate support zone 1.3020 (bottom Bollinger band). ADX is in the active zone and is going through correction. We cannot guarantee density of 1.3020 support
Expectations: fall to 1.2965 (possibly after the touch of zone 1.3057)
Solutions: sale to 1.2965 (the best possible area - from 1.3057)
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.
