Buyers have the first successes | 13 Juli 2016
13 Juli 2016, GBP/USD
Four-hours chart of GBPUSD. Buyers had got the first success, they were able to break and consolidate above the intermediate level of resistance (2/8). Now a more important resistance level is 1.3428 (3/8). If bulls manage to cross the level, correction of growth of the pair can be expected. In this case, we may see the price around the 39th figure. At the moment, we expect a downward pullback to the four-hours 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.
