Bulls have disappointed us | 02 Juni 2016
02 Juni 2016, GBP/USD
Four-hours chart of GBPUSD. Bears continued to push the pair down. The support level was broken and now the price is testing the next one. This is a quite unpleasant and very disturbing signals to buyers. Drop is the main plan. Bulls need to pull the price to (6/8) to recover their positions.
Trading solutions: yesterday's signal did not work. Now I am looking for Sell entry points on the Day SuperTrend line 1.4500. The goal of drop is 1.4282 (2/8).
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.
