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The pressure is still here

25 September 2015, GBP/USD

The pressure

The four-hours chart of GBPUSD. As a result of the correction, the pair failed even to reach the four-hours SuperTrend line. I.e., pressure on the pair remains to be very strong. Therefore, the main option is lowering of the price to the main support / resistance level (4/8).

Trade solutions: sell from the four-hours SuperTrend line

The four-hours chart of GBPUSD. As a result of the correction, the pair failed even to reach the four-hours SuperTrend line. I.e., pressure on the pair remains to be very strong. Therefore, the main option is lowerering of the price to the main support / resistance level (4/8).

Trade solutions: sell from the four-hours SuperTrend line

Nikolay Krishtopov
FreshForex Analyst
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