We expect decline from 1.4291 | 22 January 2016
22 January 2016, GBP/USD
Daily chart: correctional dynamics in the direction of the middle Bollinger band (1.4549)
Н4: inactive ADX, so we are waiting for resistance in the zone of the upper Bollinger band (1.4291), and rollback to the middle band (1.4203)
Н1: we confirm resistance in the zone of the upper Bollinger band (1.4291)
Expectations: We expect touch of 1.4291 and then fall to 1.4203
Trading solutions: sales from 1.4291 to 1.4203
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.
