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Waiting for a pullback to (6/8)

24 June 2015, GBP/USD

Waiting for a pullback to (6/8)

4 hours’ chart of GBPUSD. The pair is keeping on its decline, but currently it has found its support on the day Supertrend line. This is not the strongest support, but we can expect a pullback from it. The nearest target for growth is the level (6/8), supported by the 4 hours' Supertrend line . Break of the day Supertrend line will bring the price to the main level of support and resistance (4/8).

Nikolay Krishtopov
FreshForex Analyst
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