Buying in the area 1.5375

June 11, 2015

GBP/USD

Daily chart: a local correction to the down part and it is possible that we have an ordinary bullish broken Inside Bar, whereupon the pair will keep on growing in the direction of the upper Bollinger band (1.5777)

Í4: local support from the middle Bollinger band (1.5375), intraday resistance - 1.5558.

Í1: bears press and ADX is active. So we are waiting when support 1.5375 is reached.

Expectations: correction down to 1.5375, whereupon bulls will attempt to move the price to 1.5558.

Trading decisions:

1) Buying in the area of 1.5375 to 1.5558.

Publication source
FreshForex information  FreshForex reviews

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