Keep selling | 31 July 2015
31 July 2015, GBP/USD
Daily chart the price has a well-shown tendency to reduce to the bottom Bollinger band (1.5403)
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Н4: intermediate support at 1.5558 may slow down bears, but not cancel the general decline.
.png "Keep selling")
Н1: also confirms a possible demand for the pound at the price of 1.5558.
.png "Keep selling")
Expectations: decline to 1.5403, with a stopover in the area of 1.55581.5558.
solutions:
1) Keep selling to 1.5403.
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.
