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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Bearish potential

04.02.2021
Daily chart: the pair is trading down within the lower Bollinger envelope. This makes the target of 1.3530 relevant in the area of dynamic support which is provided by the lower Bollinger band. Н4: local...
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Flat forecast

03.02.2021
Daily chart: today, the fourth bar in a row may be outside the upper Bollinger envelope, which will be a sign of an approaching downward correction. In the meantime, an operational space is opened in...
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Trading range 1.3633-1.3686

03.02.2021
Daily chart: the bulls kept the pair above the middle Bollinger band (1.3657), forming a pinbar. This setup remains the relevance of the uptrend, although we see no trend activity from the ADX indicator. Perhaps,...
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