manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Support has not been broken yet

09 July 2015, GBP/USD

Support has not been broken yet

4 hours’ chart of  GBPUSD. The pair tried to overcome support area formed by the level (2/8) and weekly Supertrend line on the fly, but has not succeed yet. There are low chances to do that from the first attempt taking into account the way made by the price without any pullbacks. So, the main plan is a correctional growth. Target is represented by the day Supertrend line. One more proof will be a breakthrough of 4 hours’ Supertrend line from bottom to top.

Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.