Waiting for finalization of 1.4458 | 20 Juni 2016
20 Juni 2016, GBP/USD
Daily chart: technical correction towards 1.4458 (middle Bollinger band), whereupon it will drop to 1.4140 (the lower Bollinger band) again
Н4: local bullish potential remains there, so we are waiting for finalization of 1.4458 zone. Bears will need to wait for short signals before entering, because upward breakthroughs are possible.
Н1: Though active trend ADX is a sign of growth, but at the same time we see divergence of oscillator. Bearish scenario can be enabled by movement under the middle Bollinger band (1.4388)
The main scenario: growth to 1.4458
The alternative scenario: decline to 1.42
Trading solutions: Buy to 1.4458.
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.
