06 Oktober 2015, GBP/USD
The daily chart: < are waiting for finalization of the lower Bollindger band (1.5020), from where the orrection in the direction of the middle band (1.5296) will be possible.
Н4: flat range 1.5103-1.5218.
Н1: trend activity of ADX and expansion of the envelopes. This means that bears have a sufficient capacity to refine 1.5103, where, in case of breaking the bottom envelope, correction to 1.5186 (middle Bollinger band) can take place.
Expectations: decline to 1.5103 and then correction to 1.5186
solutions: 1) Sales to 1.5103 2) In the area of 1.5103 purchases to 1.5186 are possible