manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Unable to consolidate above the level (6/8)

10 September 2015, GBP/USD

The four-hours chart of GBPUSD. The pair failed to consolidate above the resistance area, formed by the weekly and daily Supertrend lines and level (6/8). Now the pair has consolidated just below this area and decline of the pair remains to be the core expectation.

Trading solutions: sell from the level of 1.5381 (6/8).

Price was unable to gain a foothold above the level (6/8)

The four-hours chart of GBPUSD. The pair failed to consolidate above the resistance area, formed by the weekly and daily Supertrend lines and level (6/8). Now the pair has consolidated just below this area and decline of the pair remains to be the core expectation.

Trading solutions: sell from the level of 1.5381 (6/8).

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .