Log in

Decline will continue

21 January 2016, GBP/USD

Decline will continue

The four-hours chart of GBP USD. The pair continues to consolidate on the main level of support (0/8). It has not bounced upwards from this level. The price has failed to break through the four-hours line of Supertrend. Therefore, it is most likely that in the near future this level will be broken to send the pair to a deeper drop.

Trading solutions sales from the four-hours line of Supertrend

Aleksey Panasenko
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.