Flat trend | 15 January 2016

15 January 2016, GBP/USD

Daily chart: the bottom Bollinger band dropped to 1.4336. The indicators are "exchausted", so there is a possibility of an upward bounce.

Flat trend

Н4: a little more localized support from the bottom Bollinger band (1.4350)

Flat trend

Н1: horizontal corridor 1.4378-1.4429

Flat trend

Expectations: flat trading range 1.4378-1.4429

Trading solutions: trade within 1.4378-1.4429


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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