Bulls have a good shape | 10 December 2015
10 December 2015, GBP/USD
Daily chart: a probability of reaching the upper Bollinger band (1.5307).
Н4: a significant resistance at 1.5184 can get the pair corrected to the middle Bollinger band (1.5072).
Н1: the upper Bollinger band indicates a possible revision of 1.5237 before the correction. Otherwise, bears start directly from the current levels.
Expectations: The main scenario - test zone 1.5237 and then start of a pullback towards 1.5070. The alternative scenario - downward correction from current levels.
Trading solutions: the best option - look for trades in the bottom around 1.5237.
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.
