Levels have been redrafted | 28 Abril 2015
28 Abril 2015, GBP/USD
.png "Levels have been redrafted")
4 hours’ chart of GBPUSD. The level (+2/8) has been reached from bottom to top and as a result, we see that Murrey levels have been redrafted. At present moment, the price is based at the point (5/8) which does not impact the price unless it is not based within the channel (3/8 – 5/8). Nevertheless, a slight correctional pullback to the line of 4 hours’ Supertrend can be expected from current levels. Once this support line is reached, we will look for renewal of growth.
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.
