Retest of the level (4/8) is expected | 05 October 2015

05 October 2015, GBP/USD

Retest of the level (4/8) is expected

The four-hours chart of GBPUSD. From the main support and resistance level the pair has bounced up. Nevertheless, today we should not expect a strong correctional growth from the pair. Most likely, the downward movement will resume from the first level of resistance, which currently is represented by the Day SuperTrend line.

Trading solutions: sales the Day SuperTrend line

Nikolay Krishtopov
FreshForex Analyst
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