Flat 1.3090-1.3153 | 26 Julio 2016
26 Julio 2016, GBP/USD
Daily chart: the pair has consolidated around the middle Bollinger band (1.3175). ADX is still very weak, but growing. Therefore, continuation of the consolidation and drop towards 1.2887 (the lower Bollinger band) are equally probable.
Н4: a flat omni-directional range within the Bollinger envelopes (1.3056-1.3264)
Н1: a little better shaped flat corridor 1.3090-1.3153
Expectations: flat 1.3090-1.3153
Solutions: purchase from 1.3090 to 1.3153
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.
