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The first target has been almost reached

29 April 2015, GBP/USD

The first target has been almost reached

The first target has been almost reached 4 hours’ chart of GBPUSD.

Growth continues but the first target based on the point (6/8) has not been reached yet.

We wait when this target will be reached, whereupon we can wait for a rather serious correctional pullback to the lines of daily SuperTrend.

Another option is the consolidation above the point (6/8) and continuation of growth of the pair.

analytic
FreshForex Analyst
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