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The pair failed to hold above the level (6/8)

The pair failed to hold above the level (6/8) | 16 September 2015

16 September 2015, GBP/USD

The pair failed to hold above the level (6/8)

A pair failed to hold above the level (6/8)

The four-hours chart of GBPUSD. The pair broke the level (6/8) from the top to bottom, thereby having cancelled its growth scenario. Resumption of the downward movement is now our core expectation. It will be cancelled by breakdown of the four-hours Supertrend line from bottom to up.

solutions: Sales from the four-hours Supertrend line < / span>

Nikolay Krishtopov
FreshForex Analyst
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