Growth to the 46th figure | 18 مارس 2016
18 مارس 2016, GBP/USD
The four-hours chart of GBPUSD. The flat scenario has failed. Bears were unable to hold attack of bulls at the level of (5/8). The pair surged and now the price is above the level (6/8). Now the way is open for the next target on the main level of resistance (8/8). As for the options implying resumption of the downward price movement, currently there are no prerequisites for this. They will be enabled by consolidation below (6/8), which now, along with the four-hours SuperTrend line, support the pair
Trading solutions: purchase 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.
