Flat trend | 15 January 2016

15 January 2016, GBP/USD

Daily chart: the bottom Bollinger band dropped to 1.4336. The indicators are "exchausted", so there is a possibility of an upward bounce.

Flat trend

Н4: a little more localized support from the bottom Bollinger band (1.4350)

Flat trend

Н1: horizontal corridor 1.4378-1.4429

Flat trend

Expectations: flat trading range 1.4378-1.4429

Trading solutions: trade within 1.4378-1.4429

Aleksey Panasenko
FreshForex Analyst
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