Bullish scenario | 13 Juli 2016

13 Juli 2016, GBP/USD

Daily chart: the upward correction to the middle Bollinger band (1.3663), from where the pair is expected to move to the bottom band (1.2339)

Н4: also the bullish scenario - a breakthrough of the upper envelope and, therefore, we're waiting for growth to the middle band (1.3034) to 1.3663

Н1: better shaped evels of support/resistance (1.3159\1.3317)

The main scenario - touch of 1.3159 and then rise to 1.3317 < p>The alternative scenario - rise to 1.3317 followed by a downward correction to 1.3159

Solutions: purchase from 1.3159 to 1.3317.


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.
Aleksey Panasenko
Analis perusahaan "FreshForex"
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