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We expect a rollback down

We expect a rollback down | 07 December 2015

07 December 2015, GBP/USD

We expect a rollback down

The four-hours chart of GBP USD. The pair failed to break a major support and resistance level (4/8). So, our main expectation is its decline to the level of (2/8). But at the moment, on the local level, it is expected to reduce to the four-hours SuperTrend line and rebound up from this level.

Trading solutions: sales from current levels with a view to the four-hours SuperTrend line.

Nikolay Krishtopov
FreshForex Analyst
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