GBPUSD – FlatDaily chart: the pair is still in flat corridor within Bollinger envelopes (1.2400-1.2619). Bollinger bands are narrowing down, which can indicate preparing distribution of accumulated volumes. Н4: more localized flat corridor of 1.2400-1.2530. ADX is passive, so there is no trend potential and this corridor is likely to retain during the day. Н1: there is valid resistance level around 1.2530 (upper Bollinger band). Support levels are around 1.2468 and 1.2407 (middle and lower Bollinger bands). Expectations: touch of 1.2530 followed by drop to 1.2468 and 1.2407 region Solutions: consider selling from 1.2530 towards 1.2468 and 1.2407
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