Pressure on the level of (4/8) is getting stronger | 30 سبتمبر 2015

30 سبتمبر 2015, GBP/USD

Pressure on the level of (4/8) is getting stronger

The four-hours chart of GBPUSD. The pair continues to squeeze up against the main support and resistance level (4/8), four-hours SuperTrend line is directed downward and continues to decline. There are no signs that the price can reverse up. We are waiting for breakdown of the level (4/8) from the top to the bottom.

Trading solutions: keep sales 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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