Premarket on the Pound. What we can expect on Monday | 05 October 2015

05 October 2015, GBP/USD

The daily chart: resistance at the middle Bollinger band (1.5322), from which, with high probability, the pound will continue to fall to the bottom band (1.5020)

Premarket on the Pound. What we can expect on Monday.

Н4: sharply 100-points' flat corridor 1.5107-1.5207

Premarket on the Pound. What we can expect on Monday.

Н1: strong support on the middle band (1.5165)

Premarket on the Pound. What we can expect on Monday

Expectations: rise from the current levels to 1.5207 and then decline towards 1.5107

solutions: 1) Purchases to 1.5207 2) Sales from 1.5207 to 1.5107

Aleksey Panasenko
FreshForex Analyst
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