Swing scenario for pound on Monday | 21 September 2015

21 September 2015, GBP/USD

The daily chart: Bulls could not overcome strong resistance zone 1.5656-1.5689, and it seems, they have run the bearish swing. Buyers can not lose 1.5329 support, cause the need to save the rising structure.

Swing scenario for pound on Monday

H1 chart: we have expressed bearish Over & Under by 1.5628. You can pick up and move up to the point of entry O & U, because at the bottom there is a bullish inside bar.

Swing scenario for pound on Monday

Expectations: growth from the current to 1.5628, and then the intensive decline to 1.54 (probably not for one day).

solutions: 1) Buy to 1.5620

2) We sell from 1.5628 to 1.54.

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .