manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Correction

25 January 2016, GBP/USD

Correction

The four-hours chart of GBPUSD. The upward correction movement has reached its first target of the SuperTrend Day line. From this line of resistance the price has bounced downward, however, the pair is kept above the four-hours SuperTrend line, so from current position it is quite possible to expect further growth of the pair with the next stop at an intermediate level of resistance (2/8).

Trading solutions: no

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .