Purchases within bullish O&U | 27 July 2015

27 July 2015, GBP/USD

Daily chart : Bears continue to build a top-down structure, for which it is not enough to lose the last top (1.5668), whereupon they will be able to try to break the last bottom(1.5466) (1.5466)

Purchases within bullish O&U

Hourly chart a rollback to the entrance point of the local bullish Over & Under is done, so we are waiting for growth from current levels to ​​1.5578 and above.

Purchases within bullish O&U

Scenarios: growth from current levels to 1.5578.

Trading solutions:

1) We buy from the market to 1.5578 and higher.

Aleksey Panasenko
FreshForex Analyst
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