Flat 1.5586-1.5636 | 17 July 2015
17 July 2015, GBP/USD
Daily chart : the middle Bollinger band has put bulls in trouble.
.png "Flat 1.5586-1.5636")
Н4: an ascending flow has been preserved here. Support is on 1.5586, resistance is on1.5701 (the middle and the upper Bollinger bands respectively)
.png "Flat 1.5586-1.5636")
Н1: flat horizontal channel 1.5586-1.5636
.png "Flat 1.5586-1.5636")
Expectations: flat 1.5586-1.5636
Trading decisions:
1) No trade today. Alternatively, you may consider purchases from 1.5586 expecting the movement to 1.5701.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
