manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Buyers should open the ball

05 April 2016, GBP/USD

Four-hours chart of GBPUSD. Bulls showed their strength, which we expected from them yesterday. They can easily approach not only to the level (6/8), but break it upwards. Now the pair is going through correction, but growth of the pair is our major expectation. The main resistance level (8/8) serves as the next target for growth. As for bears, they need at least update the current local Low, which is just above the level (4/8). In this case, we can consider downward movement as a possible scenario

Trading solutions: purchases from the line of Daily Supertrend

Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.