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The pair could continue to rise

The pair could continue to rise | 07 October 2015

07 October 2015, GBP/USD

The pair could continue to rise

The four-hours chart of GBPUSD. The target on the Day SuperTrend line has been practically reached. From it we can expect a slight pullback to the fourhours SuperTrend line, whereupon the upward movement will continue. The next target is the area between the level (6/8) and the Weekly SuperTrend line. This option will be cancelled by breakdown of the Day SuperTrend line by the price.

Trading solutions: purchase from the level (4/8).

Nikolay Krishtopov
FreshForex Analyst
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