Support 1.5452, resistance 1.5537 | 10 Agosto 2015
10 Agosto 2015, GBP/USD
Daily chart: actual pinbar from bottom Bollinger band says about disability to move downer than reached minimums. At the moment the growth is free to go up to the upper band (1.5668)
.png "Support 1.5452, resistance 1.5537")
Н4: also the pinbar from bottomBollinger band (1.5452). One more contact to this zone is possible before probable move to 1.5658.
.png "Support 1.5452, resistance 1.5537")
Н1: the local resistance on 1.5537 (the upper Bollinger band).
.png "Support 1.5452, resistance 1.5537")
Expectations : so, pound will be in the corridor 1.5452-1.5537. Buys from 1.5452 look perspective, but resistance 1.5537 is still kept.
Trading solutions:
1) Sell from 1.5537 to 1.5452
2) Buy from 1.5452 to 1.5537 and 1.5658 (extraday).
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.
