Trading range 1.1750-1.1803

23.07.2021
Daily chart: the pair moved to consolidation within the lower Bollinger envelope (1.1746-1.1830), actively trading through the borders of this range. The ADX indicators went into correction, which indicates a possible decrease in the trend...
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Trading range 110.09-110.41

22.07.2021
Daily chart: the correction has reached the middle Bollinger band (110.41) against the background of weak ADX, so growth above this zone is unlikely. Н4: locally in the 110.41 zone there is also a strong...
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Corrective dynamics

22.07.2021
Daily chart: British pound has moved into an upward technical correction, which may reach the middle Bollinger band (1.3804). The fact that the growth is precisely corrective, not reversal, follows from the antiphase movement of...
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Waiting for growth to 110.42

21.07.2021
Daily chart: the pair's upward technical correction was triggered by yesterday's bullish inside bar. The minimum target for such a signal is the middle Bollinger band (110.42). Н4: strong resistance will be met in the...
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Sellers’ target – 1.35

21.07.2021
Daily chart: the lower Bollinger envelope has been broken once again, which is a clear signal for the continuation of the decline. Also, such a negative scenario indirectly confirms the active bearish ADX. We are...
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