Keep selling | 31 July 2015

31 July 2015, GBP/USD

Daily chart the price has a well-shown tendency to reduce to the bottom Bollinger band (1.5403)

Keep selling

Н4: intermediate support at 1.5558 may slow down bears, but not cancel the general decline.

Keep selling

Н1: also confirms a possible demand for the pound at the price of 1.5558.

Keep selling

Expectations: decline to 1.5403, with a stopover in the area of ​​1.55581.5558.

solutions:

1) Keep selling to 1.5403.

Aleksey Panasenko
FreshForex Analyst
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