22 Abril 2016, GBP/USD
Four-hours chart of GBPUSD. At at the second attempt, buyers had tried to cross the main resistance level (8/8). The price had entered an overboughtness area and quickly left it, whereupon it pulled back to (7/8) again. Nevertheless, buyers managed to keep the support area. So far, our main expectation is growth of the pair. Target for growth is the level of (-1/8), from where we expect the price to rollback. This option will be canceled if the price consolidates below the four-hours SuperTrend Line
Trading solutions: buy from the four-hours SuperTrend Line