18 February 2016, GBP/USD
The four-hours chart GBPUSD. Volatility decrease on this pair has leaded to redraft Murrey levels. At the moment price is held by (2/8) level. Pair hasn’t broken through this level so we are expecting price bounces upwards. First aim is the four-hours Supertrend line after that price could decrease. Possibility of further growth will become relevant if price breaks upwards through four-hours Supertrend line.
Trading decisions: buy from current levels