Day for aggressive actions | 23 September 2015

23 September 2015, GBP/USD

The daily chart: the first crossing of the structure down, but, as we see, there is a very strong area of ​​support at 1.5300-1.5329. Let's see if bulls start to break above the recent peaks (1.5656), so far it is unlikely, but, nevertheless, swing up can begin even in the format of a pullback.

Day for aggressive actions

H1 chart: the pair is obviously bought from zone 1.53, plus we have a very long downward swing. All this is as an argument that a rollback will begin. Moving up to the 100 figure will not break the downward structure.

Day for aggressive actions

Scenario: rise from the current levels to 1.5480.

solutions: Buying on such punching is always dangerous, so to conservative traders I would recommend to skip the day. But aggressive selling traders may try to take the roll back up.

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 .