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GBP/USD: buyers keep the price

GBP/USD: buyers keep the price | 08 June 2016

08 June 2016, GBP/USD

GBP/USD: buyers keep the priceGBP / USD: the buyers kept the price Four-hourly chart GBPUSD. Bears managed to hold an attack of bulls, but they didn’t achieve any significant progress in their offensive actions. Buyers still keep the price above the level (6/8), and they are likely to prepare for a new attack on the very strong resistance level, which is at (8/8) and above which is an overboughtness area, which will also put pressure on the pair by all its area. But with a good fundamental support, bulls can take the height, time has not yet come. Trading solutions: buy from the line of four-hourly SuperTrend 1.4495 with the target at the level 1.4648 (8/8)

Nikolay Krishtopov
FreshForex Analyst
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