Bulls are attacking | 25 أغسطس 2016
25 أغسطس 2016, GBP/USD
Four-hours chart of GBPUSD. The four-hours SuperTrend Line rendered a fairly strong support to the price by pushing it up. As a resultm we see a breakthrough of the main support and resistance level 1.3184 (4/8) from the bottom to top, opening the way for buyers to further growth. The nearest goal now is (6/8). But in the medium run we may see the price at the main level of resistance (8/8). This option will be canceled by growth in the case of return and consolidation of the price below main support and resistance level 1.3184 (4/8)
Trading solutions: none
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.
