Flat forecast

08.02.2021
Daily chart: the bulls were unable to bridge the barrier in the form of a medium-term resistance zone of 105.68, while remaining the trend potential. Therefore, despite the bearish closing of trading on Friday, pressure...
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Sales zone – 1.3755-1.3767

08.02.2021
Daily chart: the growth of quotes comes against the background of the absence of trend activity from the ADX indicator. This reveals the probable lack of trend potential on the side of buyers, and accordingly,...
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Purchase from 105.16 zone

05.02.2021
Daily chart: the pair is actively correcting down today against the background of the considerable overbought conditions. However, it is necessary to proceed from the opportunity of continued growth of quotations at any time, inasmuch...
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Growth before news release

05.02.2021
Daily chart: the pair bounced off the lower Bollinger band to form a bullish pinbar. This allows the pound to recover today towards the 1.3752 zone (the upper Bollinger band merging with the entry zone...
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Maintaining Bullish Potential

04.02.2021
Daily chart: the pair remains bullish trend pressure, which will contribute to the rising of quotes in the direction of mid-term resistance at 106.03. ADX indicators are at extreme level. Н4: another local maximum and...
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