Pressure remains | 04 Juli 2016
04 Juli 2016, GBP/USD
Four-hours chart of GBPUSD. Sellers are still putting the pair under pressure to a local Low, which almost align with the level (2/8). The probability of breakdown of this mark from top to bottom is still very high. The main plan is decline targeting the reversal level (1/8). A correctional upward pullback can be enabled only by consolidation above the Daily SuperTrend Line.
Trading 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.
