Flat range 1.5634-1.5717 | 24 August 2015

24 August 2015, GBP/USD

The daily chart: a noticeable pressure on ADX, and while it may be equally likely include bullish or bearish continuation.

Flat range 1.5634-1.5717

Н4: witness divergence oscillator. Local support - the bottom Bollinger band (1.5634)

Flat range 1.5634-1.5717

Н1: Flat range from Bollinger envelope 1.5634-1.5717.

Flat range 1.5634-1.5717

Expectations: Flat range 1.5634-1.5717.

solutions:

1) If we have buy signal around 1.5634 - you can enter into such a transaction, based on movement to 1.57.


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.
Aleksey Panasenko
FreshForex Analyst
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