Unable to consolidate above the level (6/8) | 10 September 2015

10 September 2015, GBP/USD

The four-hours chart of GBPUSD. The pair failed to consolidate above the resistance area, formed by the weekly and daily Supertrend lines and level (6/8). Now the pair has consolidated just below this area and decline of the pair remains to be the core expectation.

Trading solutions: sell from the level of 1.5381 (6/8).

Price was unable to gain a foothold above the level (6/8)

The four-hours chart of GBPUSD. The pair failed to consolidate above the resistance area, formed by the weekly and daily Supertrend lines and level (6/8). Now the pair has consolidated just below this area and decline of the pair remains to be the core expectation.

Trading solutions: sell from the level of 1.5381 (6/8).


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.
Nikolay Krishtopov
FreshForex Analyst
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