Sales from 1.4458 | 13 January 2016

13 January 2016, GBP/USD

Daily chart: continued decline, we are waiting for a new touch of the bottom Bollinger band (1.4377)

Sales from 1.4458

Н4: a similar situation.

Sales from 1.4458

Н1: we assume that the upward correction is approaching the end. Resistance 1.4458 (middle Bollinger Band).

Sales from 1.4458

Expectations: touch of 1.4458 and then decline to 1.4377

Trading solutions: sell from 1.4458 to 1.4377

Aleksey Panasenko
FreshForex Analyst
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