Entry point and goals for the Pound | 15 October 2015
15 October 2015, GBP/USD
The daily chart: the pair is moving to the upper Bollinger band (1.5597), where it is expected to bounce down, because ADX does not grow on this movement
.png "Entry point and goals for the Pound")
Н4: similar conclusions - growth to 1.5597 and a pullback.
.png "Entry point and goals for the Pound")
Н1: local level support (1.5387 middle Bollinger band) and resistance (1.5544)
.png "Entry point and goals for the Pound")
Expectations: a rollback to 1.5387 and then spike upwards to 1.5544 and 1.5597
solutions: Buy around 1.5387 to the objectives of 1.5544 and 1.5597
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.
