GBPUSD. We note promising shopping areas.
Daily chart: Pound continues to prepare for a strong upward impulse movement in the direction of 1.3232 (upper Bollinger band). Tonight’s news drivers may well contribute to this.
H4: The active local ADX indicates a high probability of a break-down of resistance at 1.2982 (upper Bollinger line), which initiates an upward wave in the direction of 1.3100 and higher. This is likely to happen when the NFP data is published.
H1: note the intraday support at 1.2946 and 1.2925 on the middle and lower Bollinger bands, from where you can try to “pick up” the pair in anticipation of the momentum upwards.
Expectations: So, wait for the rollback in the direction of 1.2925-1.2946 and then the pulse up to 1.3100, with the aim at 1.3232.
Trading Solutions: Purchases from zone 1.2925-1.2946 to 1.3100 and 1.3232.