FreshForex - Analytics


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    We are looking for the area to buy

    Daily chart: consolidation of the pound continued. Against the backdrop of massive convergence of the oscillator, we can talk about weakening of bearish pressure, although the bottom Bollinger band persistently shows unfinished area on the bottom line (1.4991). Resistance - on the middle band (1.5215)

    Н4: flat corridor 1.5066-1.5156

    Н1: more localized side corridor 1.5072-1.5136

    Expectations: The main scenario - flat 1.5072- 1.5136. The alternative scenario - rise to 1.5156 and 1.5219.

    Trading solutions: 1) Buy from 1.5072 to 1.5156 and 1.5219 (probable transfer of such positions through the weekend)

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