Accumulation of trend potential | 18 Februari 2016
18 Februari 2016, GBP/USD
Daily chart: pressure is going to increase in direction of support line 1.4140 (bottom Bollinger line). Support line could be loaded. Envelopes are horizontal the main expectation would be bounce up.
Н4: local support is 1.4203 (bottom Bollinger line).
Н1: horizontal corridor is 1.4263-1.4323.
Expectation: flat 1.4263-1.4323.
Trading decisions: sells from 1.4323 to 1.4263 or perhaps to 1.4203
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.
