Waiting for lowering correction from 1.45 | 10 February 2016

10 February 2016, GBP/USD

Daily chart: ADX is correcting so we expect strong resistance in upper zone Bollinger line (1.4616).

Waiting for lowering correction from 1.45

Н4: condition of observe bond indicators is flat. We are expecting trade in limits of bottom Bollinger envelope (1.4372-1.4494)

Waiting for lowering correction from 1.45

Н1: intraday range is limited by upper envelope (1.4437-1.4494).

Waiting for lowering correction from 1.45

Expectation: grow to 1.4494-1.4500 and and then decrease to 1.4437

Trading decisions : sell from 1.45 to 1.4437


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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