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Levels are going to be redrafted

15 February 2016, GBP/USD

Levels are going to be redrafted

The four-hours chart GBPUSD. Murrey levels have been redrafted because of volatility changes of this pair. The price has bounced upwards off the intermediate support level (6/8). Now price is rising. The nearest resistance area is located between weekly Supertrend line and main resistance level. (8/8).

Trading decisions: sell from the weekly Supertrend line.

Nikolay Krishtopov
FreshForex Analyst
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