Buy from 1.42 by 100 points | 12 April 2016
12 April 2016, GBP/USD
Daily chart: the pair has predictably reached the middle Bollinger band (1.4237) and now, within the wide-range break-even channel it mat continue movement to the upper band (1.4483)
Н4: The local support is at 1.4135 (middle Bollinger band), but ADX is active, so bulls can boost their activity even without touch of this area.
Н1: local support is at 1.4196 (middle Bollinger band), the resistance is at 1.43 (upper band)
Expectations: touch of 1.4196 and then surge to 1.43
Trading solutions: buy from 1.42 to
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.
