Buy from support 1.4014 | 03 March 2016

03 March 2016, GBP/USD

Daily chart: correction will be lasted to middle Bollinger line (1.4272).

Buy from support 1.4014

Н4: ADX is strong but pair is in pullback on direction of middle Bollinger line (1.3971). We can look for rising signals after correction.

Buy from support 1.4014

Н1: price is in range 1.4014-1.4117. Buy from support 1.4014.

Buy from support 1.4014

Expectation: pullback to 1.4014 and then growth to 1.4117 (and further growth to 1.4272)

Trading decisions: buy from 1.4014 to 1.4117 or 1.4272 (extra day)


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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