Pound. Local decline | 09 Juni 2016
09 Juni 2016, GBP/USD
Daily schedule: the scenario of flat price around the middle Bollinger band (1.4520) is kept. ADX is very weak, so it is unlikely that this trend will change. 
H4: a similar situation. Envelopes remain the wide range 1.4389-1.4614. The structure is ragged, so there can be false breakthroughs in both directions. 
H1: locally downward trend is kept. The resistance is 1.4537 (middle Bollinger band). 
Expectations: touch of the zone 1.4537 and then decline to 1.45 and possibly to 1.4450. Trading solutions: sales from 1.4537 to 1.45 and 1.4450.
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.
