Levels are going to be redrafted
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
Nikolay KrishtopovAnalyst of «FreshForex» company
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