GBPUSD – FlatDaily chart: ADX is still in the weak area, so we can expect movement in different directions. Resistance is at 1.3531 (middle Bollinger band). In the medium run pound may fall to the bottom band (1.2246) Н4: a flat corridor within Bollinger envelopes (1.2097-1.3435) Н1: a better expressed horizontal corridor 1.3215-1.3280. Expectations: flat within the range of 1.3215-1.3280 Solutions: either a “fence”, or trading within the corridor 1.3215-1.3280
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
