Bulls have the opportunity to maneuver | 28 مارس 2016
28 مارس 2016, GBP/USD
Four-hours chart of GBP USD. The pair continues to consolidate on the four-hours SuperTrend line. Volatility of the instrument has dropped substantially over the past few days. In the coming days, we can see a gradual surge of volatility. Today growth of the pair from the current levels is preferred as long as bulls manage to retain the price on the four-hours SuperTrend line. An upward rebound of the price to the level of (3/8) will be a signal of a possible further movement within the flat (3/8 & ndash; 5/8). Although I do not think that the movement in the flat will be long
Trading solutions: buy from current levels
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.
