Intraday corridor 1.4323-1.4390 | 19 February 2016

19 February 2016, GBP/USD

Daily chart: wide horizontal channel is 1.4164-1.4610. It is a rising tendency.

Intraday corridor 1.4323-1.4390

Н4: side corridor 1.4224-1.4476 is more localized.

Intraday corridor 1.4323-1.4390

Н1: intraday the price will probably be traded inside the upper Bollinger Envelope (1.4323-1.4390)

Intraday corridor 1.4323-1.4390

Expectation: flat 1.4323-1.4390

Trading decisions: rest from trading or open both side deals into flat corridor.

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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