03 Agustus 2016, GBP/USD
Daily chart: ADX is growing, but it is still far from the trendline area. This could mean continuation of the Northern accumulation inside the upper Bollinger envelope (1.3175-1.3407)
Н4: growth without sufficient efforts of ADX indicates the limited Northern potential for the day. Resistance - 1.3357 and 1.3407. Support is at 1.3235 (middle Bollinger band)
Н1: correction from ADX. The pair appears to spend the day inside the upper envelope (1.3313-1.3368)
Expectations: flat 1.3313-1.3368
Solutions: sales from 1.3368 to 1.3313