Looking to buy around 1.5552

July 23, 2015

GBP/USD

Daily chart envelopes are griped and now there is a tendency that the upper Bollinger band is going to be the objective (1.58)

Í4: flat1.5536-1.5633.

Í1: a better expressed support on the bottom Bollinger band (1.5552). Resistance is on 1.5648.

Expectations: decline to 1.5552 and a new phase of growth in the direction of 1.5648.

Trading decisions:

1)Looking to buy around 1.5552. Targets - 1.5648 and 1.58 in the middle run.

Publication source
FreshForex information  FreshForex reviews

September 27, 2016
Markets start last week of September on the back foot
It hasn't been a great start for global equities in this last week of September, with European indices dropping between 1.0 to 1.5 per cent during Monday’s morning session, mirroring a similar performance in Chinese and Japanese markets overnight...
September 23, 2016
Gold rises to critical level on lower-for-longer policy signals
The price of gold extended its rebound modestly on Thursday after the US Federal Reserve provided some key signals on Wednesday that, despite a considerable probability of one Fed rate hike by the end of this year...
September 22, 2016
Moving on from the Fed
The reaction seen in currency markets yesterday to respective central bank policy decisions was instructive of the change in dynamics that we’re seeing. The BoJ enacted a number of changes to its policy regime...

FOREX.com Rating
FIBO Group Rating
XM Rating
FBS Rating
Larson&Holz IT Ltd Rating
Tickmill Rating

EZTrader Rating
OptionRally Rating
TropicalTrade Rating
Grand Option Rating
OptionTrade Rating
Beeoptions Rating