Pair stays on (2/8) level

25 February 2016, GBP/USD

Pair stays on (2/8) level

The four-hours chart GBPUSD. Pair has decreased and stood on (2/8) level. Now pair is consolidating on this level and we can expect an uppwaed corrective pullback. First aim for growth is four-hours Supertrend line. From this line we are expecting a downwaed bounce.

Trading decisions: sell from the four-hours Supertrend line

Nikolay Krishtopov
FreshForex Analyst
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