Flat in the range of 1.4143-1.4200 | 21 January 2016
21 January 2016, GBP/USD
Daily chart: the lower Bollinger band (1.4074) is a potential bottom and the area to search for reversal signals.
Н4: more localized support 1.4126. Resistance is at 1.4345 (upper Bollinger Band)
Н1: weak ADX and horizontal intraday corridor 1.4131-1.4200.
Expectations: flat 1.4131-1.4200
Trading solutions: 1) Sales from 1.42 to 1.4143. 2) Buy from 1.4143 to 1.42
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.
