Wait for the further decline

01 February 2016, GBP/USD

4-hourly chart GBPUSD. The pair bounced down from the middle resistance level (2/8). The nearest target on the main support level (0/8) is reached. From the level the pair bounced up. This growth we consider as a correction and in the nearest future wait for the renew movement down. Trading solutions: sales from the daily supertrend band.

Wait for the further decline

Nikolay Krishtopov
FreshForex Analyst
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