We expect decline to 1.5188 | 19 Noviembre 2015
19 Noviembre 2015, GBP/USD
Daily chart: very strong resistance is expected at the middle Bollinger band (1.5273), from which the price is very likely to fall to the bottom band (1.5068)
Н4: flat range 1.5178-1.5241
Н1: we confirm a significant area of resistance 1.5237-1.5241. Support 1.5188. ADX parameters are very weak, there are no reason for breakdown of support and resistance.
Expectations: touch of zone 1.5237-1.5241 and beginning of decline towards 1.5188
Solutions: sell from the area 1.5237-1.5241 to 1.5188
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.
