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The pair continues to decline

04 September 2015, GBP/USD

The pair continues to decline

The four-hours chart of GBPUSD. There has been no significant changes on the chart for the last day. The pair continues to slow decline without pullbacks. Nearest resistance line is the four-hours SuperTrend Line. The target of drop is the main support / resistance level (4/8). Breakdown and consolidation of the the pair above the four-hours SuperTrend Line will cancel this option.

Trading solutions: no

Nikolay Krishtopov
FreshForex Analyst
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