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

Expecting the price on the level (8/8)

17 September 2015, GBP/USD

We are waiting for the price on level (8/8)

The four-hours chart of GBPUSD. After a false breakdown of the support formed by daily and weekly SuperTrend line and level (6/8), the price back above the level, and continued its upward movement. Currently the pair is at the pivot level (7/8), but we can expect the reversal scenario and decline to the level (4/8) only if the price consolidates below the fourhours Supertrend Line. And now the main expectation is continuation of growth of the pair to the next target level (8/8).

Business solutions: Buy from the fourhours Supertrend Line

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .