Consolidating on the level (4/8) | 02 Oktober 2015
02 Oktober 2015, GBP/USD
The four-hours chart of GBPUSD. The pair continues to consolidate on the main level of support and resistance (4/8). At the moment, situation is very uncertain, especially if you also take into account the news picture of the day. However, as long as the price is below the four hours Supertrend line, we consider lowering of the pair as the main option. But the probability of correction is almost the same.
Trade solutions: no.
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.
