Purchases from 1.57 to 1.5806 | 25 Agosto 2015
25 Agosto 2015, GBP/USD
The daily chart : the upper Bollinger envelope has been broken. We expect the price to roll back toward the middle Bollinger band (1.5617), whereupon bulls will go to a new attack on a break above 1.59 .
.png "Purchases from 1.57 to 1.5806")
Н4: support from the middle band is more localized - 1.5696. Intraday resistance - 1.5806 (Upper Bollinger Band). .
.png "Purchases from 1.57 to 1.5806")
Н1: we reaffirm support zone 1.57 and resistance 1.5806
.png "Purchases from 1.57 to 1.5806")
Expectations : a roll back down to 1.5696 and then rise to 1.5806
solutions: 1) We buy from 1.57 to 1.5806
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.
