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The pair has jumped down from the main level of resistance

The pair has jumped down from the main level of resistance | 21 September 2015

21 September 2015, GBP/USD

A pair jumped down from the main level of resistance

The four-hours of GBPUSD chart. The pair has jumped down from the main resistance level. As a result of decline, the price broke through the four-hours SuperTrend line, which is now considered as the nearest resistance level. From this line we expect continuation of the downward movement.

Trade solutions: sell from the four-hours SuperTrend line.

Nikolay Krishtopov
FreshForex Analyst
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