Equiprobable scenarios | 15 October 2015

15 October 2015, GBP/USD

The daily chart: an impressive yesterday's move, so we have no basis for the downward swing. Nevertheless, it is certainly going to happen, and in the next few days we will get this signal.

H1 chart: local and very thin O&U, which can be traded only for reasons of micro-stop. So we expect a slight decline in the case of leave under the mark (1.5460), and growth in the event of a break above the recent peaks (1.55)

Expectations:

1) in the case of leave under 1.5460 - decline to 1.5350 2) With growth above 1.55 - a continued upward movement to 1.5560 and possibly to 1.56

solutions:

1) Sales aimed at a breakdown of 1.5460 кto 1.5350

2) Buy aimed at a breakdown of 1.55 to 1.5560

Aleksey Panasenko
FreshForex Analyst
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