GBPUSD – FlatDaily chart: the pair is inside broad horizontal flat corridor of 1.2129-1.2754 (Bollinger band). ADX’s behavior is not clear, it is simultaneously weak and edging… We are likely to see further price rotation around middle Bollinger band (1.2445) Н4: there is more localized flat corridor within Bollinger envelopes range (1.2400-1.2586). Here ADX is much more active. However, Bollinger bands look very solid, so immediate breakout beyond specified borders is not likely. Н1: final trading corridor for Monday is 1.2445-1.2523 (Bollinger bands range). ADX is dropping, that matches flat expectations on all three charts. Expectations: flat in 1.2445-1.2523 corridor is highly likely. Solutions: trading within 1.2445-1.2523 range
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