Purchases from the area 1.5617 | 17 August 2015

17 August 2015, GBP/USD

The daily chart: bulls are going to break the strongest resistance area 1.5672-1.5700, as indicated by the strong potential of the Northern movement. We can enter into such a movement in the medium-term only after a swing down.

Purchases from the area1.5617

H1: here the price is also developing a rising movement in the phase of formation of downward swing. We expect it in the area of ​​1.5617 for .

Purchases from the area 1.5617

Scenario: pullback to 1.5617 and growth to1.5717.

solutions:

1) Purchases from the area 1.5617 to 1.5717.

Aleksey Panasenko
FreshForex Analyst
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