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Bears are dominating

11 July 2016, GBP/USD

Four-hours chart of GBPUSD. Bears are still the main force. Now the price is within a fairly narrow local consolidation, but bulls do not even manage to break above the four-hours SuperTrend Line. Therefore, drop scenario targeting (0/8)remains to be the main plan .

Trading solutions: no

Four-hours chart of GBPUSD. Bears are still the main force. Now the price is within a fairly narrow local consolidation, but bulls do not even manage to break above the four-hours SuperTrend Line. Therefore, drop scenario targeting (0/8)remains to be the main plan .

Trading solutions: no

Nikolay Krishtopov
Analyst of «FreshForex» company
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