27 August 2015, GBP/USD
The daily chart: the price has reached the lower Bollinger band (1.5456) -a traditionally strong support when we have horizontal envelopes. Therefore, a roll up very likely to happen.
.png "Resistance 1.5575, support 1.5385")
Н4: we can consider bullish O & U, plus three bars outside the envelope, which also tells about the northern determination. A possible goal of correction - the area of the middle Bollinger band (1.5680).
.png "Resistance 1.5575, support 1.5385")
Н1: is much more localized resistance at 1.5575, plus unfinished lower Bollinger band (1.5385)
.png "Resistance 1.5575, support 1.5385")
Expectations: 1) Rollback to 1.5575 and then falling to 1.5385.
Trading solutions:
1) Sales from 1.5575 to 1.5385
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