A 100-points' dash to north is possible | 28 Juli 2016

28 Juli 2016, GBP/USD

Daily chart: a horizontal corridor within the Bollinger envelopes (1.2895-1.3431) and completely passive ADX remain

Н4: a well shaped flat corridor 1.3071-1.3212. Weak ADX convey unwillingness (or inability) of a breakthrough

Н1: A 100-points' dash to north from 1.3166 to 1.3266 is possible on a local level.

Expectations: touch of 1.3166 and then rise to 1.3266 .

Solutions: purchase from 1.3166 to 1.3266


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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