A downward rebound from 1.4326 | 28 January 2016

28 January 2016, GBP/USD

Daily chart: the pair is in the range of the bottom Bollinger envelope (1.4028-1.4445)

A downward rebound from 1.4326

Н4: a more localized horizontal corridor 1.4189-1.4357

A downward rebound from 1.4326

Н1: intraday movements are likely to be concentrated within the borders 1.4204-1.4326

A downward rebound from 1.4326

Expectations: growth to 1.4326 and then correction towards 1.4204

Trading solutions: 1) Buy to 1.4320

2) Sales from 1.4326 to 1.4204

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.

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Aleksey Panasenko

FreshForex Analyst

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