FreshForex - Analytics

    FreshForex

    627.75 7.75/10
    65% of positive reviews
    Real

    A possible support for the pound today - 1.4390

    Daily chart: support area 1.4390 (middle Bollinger band) is waiting for the pair. Without a pressure of today's news background, a further rebound to the upper band (1.4731) would be possible. Will today's fundamental analysis confirm the technical analysis? Let's see.

    Н4: the pair is clamped inside the bottom Bollinger envelope (1.4390-1.4543)

    Н1: potential is being accumulated to move the price out. So far, it is a corridor 1.4463-1.4502. But of course, this range will not hold the price on Nonfarm release.

    A possible support for the pound today - 1.4390

    Expectations: Drop to 1.4390 and then surge towards 1.4543 and 1.4692.

    Trading solutions: those preferring risk can try to buy from 1.4390 to 1.4542 and 1.4692. Conservatives are better to stick to a stricter plan.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree