GBPUSD – FlatDaily chart: yesterday an unexpected inside bullish bar could be a buy signal, but this setup was in the inappropriate spot. In addition, Bollinger envelopes openly suggest bearish potential. Н4: local support is at the lower Bollinger band (1.2118), and it may for some time keep the bearish front, because ADX is corrected. Н1: local accumulation has trend characteristics, so we expect downward movement. The main scenario – decline to 1.2000. The alternative scenario – touch of 1.2118 and then an upward rollback towards 1.2248 Trading solutions: sales to 1.20
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