Looking for downward signals in 1.4225-1.4262 zone | 09 March 2016
09 March 2016, GBP/USD
Daily chart: the bearish inside bar is from middle Bollinger line it is good signal for medium-term sells to 1.3812 (bottom Bollinger line).
Н4: Pair has locally pressed between 1.4100 and 1.4291.
Н1: resistance levels are more localized on 1.4225 and 1.4262 levels.
Expectation: we are looking for signals for down entrance in 1.4225 and 1.4262 zones. The aim is on 1.41 (perhaps it will be reached the nest day).
Trading decisions: sell from zone 1.4225-1.4262 to 1.41
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.
