Bears are dominating | 11 Juli 2016

11 Juli 2016, GBP/USD

Four-hours chart of GBPUSD. Bears are still the main force. Now the price is within a fairly narrow local consolidation, but bulls do not even manage to break above the four-hours SuperTrend Line. Therefore, drop scenario targeting (0/8)remains to be the main plan .

Trading solutions: no

Four-hours chart of GBPUSD. Bears are still the main force. Now the price is within a fairly narrow local consolidation, but bulls do not even manage to break above the four-hours SuperTrend Line. Therefore, drop scenario targeting (0/8)remains to be the main plan .

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.
Nikolay Krishtopov
Analis perusahaan "FreshForex"
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