GBPUSD – FlatDaily chart: yesterday the bullish reversal inside bar was formed at support 1.2968 (the lower Bollinger band), which can be an important signal for an upward reversal to 1.3423 (upper Bollinger band) Н4: at this local frame the pair is inside the lower Bollinger envelope (1.2945 -1.3126). Upon that, southern potential still remains. Well, if today we get a false break-down of the inside bar, it will enhance the buy signal for tomorrow. Н1: intraday there is a calm flat. The corridor 1.3015-1.3071 (the range of Bollinger envelopes) appears to be stable. ADX is passive, so the pair is unlikely to go beyond these borders. Expectations: now, we are waiting for the flat inside the corridor 1.3015-1.3071 Solutions: search for upward signals at the level of 1.3015.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
https://freshforex.com/analitics/fresh-forecast/potencial/issue_83284.html?utm_source=rssfeed&utm_medium=rss&utm_campaign=rssnews&ff_mrk=rss&aff=64063