manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Log in

Pressure remains

04 July 2016, GBP/USD

Pressure remains

Four-hours chart of GBPUSD. Sellers are still putting the pair under pressure to a local Low, which almost align with the level (2/8). The probability of breakdown of this mark from top to bottom is still very high. The main plan is decline targeting the reversal level (1/8). A correctional upward pullback can be enabled only by consolidation above the Daily SuperTrend Line.

Trading solutions: no

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .