Log in


15 April 2016, GBP/USD


Four-hours chart of GBP USD. The last night no fundamental changes were recorded on the chart. The pair has broken a major support and resistance level (4/8) and now is consolidating below that level. So, decline is most likely option. The level of support will be fiercely protected by bulls and it is a goal of drop. If bulls are going to raise the white flag, we will see the price responding to this level of .

Trading solutions: look for sales on the four-hours SuperTrend line targeting the level of (2/8)

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.