GBPUSD – FlatDaily chart: flat continues within narrowing Bollinger bands (1.2371-1.2653 range). Major price rotation region is 1.2477 (middle Bollinger band). Н4: more localized flat corridor is 1.2408-1.2536 (Bollinger envelopes range). ADX is weak and falling, so the price is not likely to go beyond specified borders. Н1: here we have similar situation, except for even more localized corridor of 1.2450-1.2514 (Bollinger bands). The price is likely to stay inside this corridor during the day. Expectations: flat continuation in corridor of 1.2450-2514 Solutions: trading inside the range of 1.2450-1.2514
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