The target on the level (4/8) has been reached | 28 سبتمبر 2015

28 سبتمبر 2015, GBP/USD

The target on the level (4/8) has been reached

The four-hours chart of GBPUSD. The target on the main support / resistance level (4/8) has been reached. As we have seen, the price up has already rebounded from the level (4/8) up, which gives grounds for further development of a corrective pullback. The first target here has usually been the of four hours Supertrend line.

solutions: sell from the four hours Supertrend line.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Nikolay Krishtopov
محلل شركة FreshForex
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