GBPUSD – FlatDaily chart: here we have another breakout of upper envelope along with active trending ADX which confirms general bullish momentum. 1.2737-1.2750 region may be broken today. Н4: local resistance level in upper Bollinger band region (1.2668) will definitely be under pressure, as ADX here is very active. Н1: here we are observing similar situation. Oscillator shows signs of divergence but I believe, this is false signal considering aggressive ADX. Shift to 27th region can be expected. Note support level at 1.2568 (middle Bollinger band), in theory, it might be attacked. Expectations: shift towards 1.2737-1.2750 (possibly following touch in 1.2568) Solutions: consider buying towards 1.2737-1.2750
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
https://freshforex.com/analitics/fresh-forecast/potencial/issue_84744.html?utm_source=rssfeed&utm_medium=rss&utm_campaign=rssnews&ff_mrk=rss&aff=64063
