Flat 1.5550-1.5600 | 12 August 2015
12 August 2015, GBP/USD
Daily chart: the pair consolidation is continued within the Bollinger envelopes (1.5498-1.5658)
.png "Flat 1.5550-1.5600")
Н4: local resistance 1.5622 with a big probability to cut the bullish wave and push the pound to 1.55.
.png "Flat 1.5550-1.5600")
Н1: here we can see flat corridor 1.5550-1.5600.
.png "Flat 1.5550-1.5600")
Expectations : Flat 1.5550-1.5600.
Trading solutions:
1) trade in the corridor 1.5550-1.5600.
2) In the case of fast direction to 1.5622 - sell to 1.5550, to 1.55 (extraday)
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.
