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We are expecting rise

We are expecting rise | 11 February 2016

11 February 2016, GBP/USD

We are expecting rise

The four-hours chart GBPUSD. The pair has broken through four-hours Supertrend line and consolidated above it, so the way for further growth of the pair is opened. Next aim for rising movement is weekly Supertrend line. We can expect price decrease after achieving this level. This possibility will be failed if the pair consolidates under four-hours Supertrend line.

Trading decisions: no

Nikolay Krishtopov
FreshForex Analyst
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