Log in

Pressure on the level of (4/8) is getting stronger

30 September 2015, GBP/USD

Pressure on the level of (4/8) is getting stronger

The four-hours chart of GBPUSD. The pair continues to squeeze up against the main support and resistance level (4/8), four-hours SuperTrend line is directed downward and continues to decline. There are no signs that the price can reverse up. We are waiting for breakdown of the level (4/8) from the top to the bottom.

Trading solutions: keep sales from the four-hours SuperTrend line.

Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.