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Growth is expected

Growth is expected | 03 February 2016

03 February 2016, GBP/USD

Growth is expected

The four-hour chart GBP USD. The pair is trying to gain a foothold above the intermediate level resistance (2/8). So far, it has failed, but soon we expect breakdown of this level from the bottom to the top and further growth of the pair targeting the Weekly SuperTrend line. The nearest support is the four-hours line of SuperTrend.

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

Nikolay Krishtopov
FreshForex Analyst
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