Looking for signals to enter upward

June 9, 2015

GBP/USD

Daily chart: inside bar from the bottom Bollinger bands - is a serious proof-point of bulls to continue general growth of the Pound. In the middle run, it is rather probable that the price will move to 1.5806 (the upper Bollinger band).

Í4: flat range 1.5226-1.5417, where up and down trading can be performed before an impulse to North occurs.

Í1: downward technical correction to 1.5315 (the middle Bollinger band) and probably to 1.5226 (bottom band).

Expectations: Growth either hitting 1.5315, or (in case of moving under 1.5300) - from 1.5226.

Trading decisions:

1) Waiting for signals on Í1 to buy in the areas 1.5315 or 1.5226.
Check the website for more information: https://freshforex.com/analitics/fresh-forecast/potencial/issue_66593.html?utm_source=rssfeed&utm_medium=rss&utm_campaign=rsspoteng&ff_mrk=rss

Publication source
FreshForex information  FreshForex reviews

December 2, 2016
It's not the jobs numbers
It’s not bee the economy that has been driving the dollar over the past 3 weeks, of that we can be pretty sure. Rather, it’s been expectations of tax cuts and spending increases, together with incentives for dollar repatriation under the new President...
December 2, 2016
OPEC alliance stuck a global agreement
The Oil prices jumped on Wednesday after the organisation members agreed to pare production first time since 2008, to reduce global oversupply, which made the prices collapse by half since mid-2014...
December 2, 2016
Rebound continues in UK construction
The latest data on the UK construction sector was released this morning, and will likely be seen as positive overall as the recovery from the Brexit shock appears to be persisting. Despite this the FTSE 100 is under pressure this morning...

Z.com Trade Rating
XM Rating
OctaFX Rating
OANDA Rating
Trade360 Rating
HYCM Rating

TropicalTrade Rating
Grand Option Rating
OptionRally Rating
Empire Option Rating
24option Rating
TopOption Rating