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Buyers have the first successes

13 July 2016, GBP/USD

Four-hours chart of GBPUSD. Buyers had got the first success, they were able to break and consolidate above the intermediate level of resistance (2/8). Now a more important resistance level is 1.3428 (3/8). If bulls manage to cross the level, correction of growth of the pair can be expected. In this case, we may see the price around the ​​39th figure. At the moment, we expect a downward pullback to the four-hours Supertrend line

Trading solutions: no

Nikolay Krishtopov
Analyst of «FreshForex» company
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