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The pair has approached (0/8)

The pair has approached (0/8) | 06 January 2016

06 January 2016, GBP/USD

The pair has approached (0/8)

The four-hours chart of GBP USD. The pair continues to decline and reached the first target located on the main level of support (0/8). So far, we have not seen rebound from this mark, which is a signal of a possible breakdown of the level from top to bottom. In this case, we waiting for a further decline with the next target based at the level of (-1/8).

Trading solutions: sale from the four-hours line of SuperTrend

Nikolay Krishtopov
FreshForex Analyst
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