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No signs of growth

23 September 2015, GBP/USD

No signs of growth

The four-hours chart of GBPUSD. The pair has reached the target in the area of support formed by the daily and weekly SuperTrend lines and the level (6/8). But the price not only reached the field, but also it broke it through from the top to the bottom. So, now we have only signals telling about continuation of the downward movement. There are no prerequisites for resumption of the upward movement at the moment.

Trade solutions: no

Nikolay Krishtopov
FreshForex Analyst
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