Pound. Sell from 1.4591 zone. | 06 June 2016
06 June 2016, GBP/USD
Daily chart: pair has consoled into wide corridor (1.4309-1.4704), open new deal is problem. There are possibility of growth into zone of upper Bollinger band where we can look for sells.
Н4: there are local bearish momentum and pinbar from upper band (1.4591). Support is on 1.4345 (bottom band).
Н1: pair locally locates between middle and upper Bollinger bands (1.4470-1.4591)
Expectation:
Main possibility - decrease to 1.4470 and then growth up to 1.4591
Alternative possibility - growth to 1.4591 and then decrease to 1.4470 (opposite possibility).
Trading decisions: sell from 1.4591 to 1.4470.
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.
