Support is around 1.3080 | 25 Juli 2016
25 Juli 2016, GBP/USD
Daily chart: support is around the bottom Bollinger band (1.2826), where today the price will apparently lower.
Н4: a horizontal omnidirectional corridor within the Bollinger envelopes (1.3066-1.3275)
Н1: a little better expressed Support 1.3080 (the bottom Bollinger band). Resistance is at 1.3146 (upper band).
The main scenario - decline to 1.3080 followed by an upward bounce to 1.3146
The alternative scenario - a breakthrough below in the direction of 1.30
Solutions: 1 . Sell to 1.3080 2. We consider the buy signals around 1.3080
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.
