We do not expect much volatility today | 04 August 2015
04 August 2015, GBP/USD
The daily chart: it is likely that flat status of ADX forecast to the Pound the day with a low volatility. We expect a calm trading around the middle Bollinger band (1.56)
.png "We do not expect much volatility today")
Н4: we also notice flat within the range of the lower envelope (1.5559-1.5604)
.png "We do not expect much volatility today")
Н1: we finally localize an intraday corridor - 1.5568-1.5614 (the range of Bollinger envelope ).
.png "We do not expect much volatility today")
Expectations: flat 1.5568-1.5614
solutions:
1) Buying from area of 1.5568.
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.
