Forexpamm

GBPUSD, waiting for a rebound up from 1.1135

Daily chart: The pair reached the bottom band of the Bollinger (1.1180), but did not break it. If the closing of the day turns out to be about the same, then the bulls will have a good chance of turn. ADX trend potential is not too big yet, so the probability of such a scenario is weighty.

N4: Local pressure in the dynamic support zone 1.1135 can be saved, so the critical value will have how the day is closed relative to this zone.

H1: Bollinger clock envelopes remain Stable, so the probability of turning up from support 1.1135 must be regarded as high.

Conclusions: Decreased to 1.1135, then turn up in direction 1.1242.

Trademarks : Purchases from 1.1135 to 1.1242.

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