GBPUSD – FlatDaily chart: the pair still moves around middle Bollinger band (1.2445) ramping up potential. ADX is slipping and weak, so we are not expecting any changes today. Н4: horizontal flat corridor is inside Bollinger envelopes range (1.2400-1.2586). We can confirm bearish Over&Under pattern that we mentioned yesterday: everything indicates rollback to 1.2670 region Н1: we also have local bearish Over&Under from 1.2545 region (see blue area). In any case today corridor is likely to say inside borders of 1.2471-1.2565. Expectations: we are expecting flat in 1.2471-1.2565 Solutions: trading from range borders (selling is more recommended)
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
https://freshforex.com/analitics/fresh-forecast/potencial/issue_84912.html?utm_source=rssfeed&utm_medium=rss&utm_campaign=rssnews&ff_mrk=rss&aff=64063