We are waiting for the price decrease | 10 Februari 2016

10 Februari 2016, GBP/USD

We are waiting for the price decrease

The four-hours chart of GBPUSD shows that pair has bounced upwards off the support level which is located on daily Supertrend line. Nevertheless the pair couldn’t consolidate above four-hours Supertrend line. That is why future decrease is regarded as the main possible way. Aim is the main support level (0/8).

Trading decisions: 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.
Nikolay Krishtopov
Analis perusahaan "FreshForex"
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