We are waiting for the promotion

20.01.2021

Daily chart: the pair is growing steadily after the rebound from the middle Bollinger band (1.3571). If ADX weren’t weak and didn’t continue to fall, it could be possible to wait confidently for the “British” in the upper line zone (1.3728).
Н4: locally, the pound is also trading upward, fixing itself firmly in the upper Bollinger envelope. Thus, buyers can expect completion of the 1.3700 zone (upper Bollinger band).
Н1: strong bullish pressure is demonstrated by the ADX on the hourly frame. Therefore, we definitely consider buying by 1.3700, where massive fixations and sales are possible.
Conclusions: growth to 1.3700. then turn down.
Trading solutions:
1. Buy to 1.3700.
2. Sales from the 1.3700 zone.