The pressure is still here | 25 September 2015

25 September 2015, GBP/USD

The pressure

The four-hours chart of GBPUSD. As a result of the correction, the pair failed even to reach the four-hours SuperTrend line. I.e., pressure on the pair remains to be very strong. Therefore, the main option is lowering of the price to the main support / resistance level (4/8).

Trade solutions: sell from the four-hours SuperTrend line

The four-hours chart of GBPUSD. As a result of the correction, the pair failed even to reach the four-hours SuperTrend line. I.e., pressure on the pair remains to be very strong. Therefore, the main option is lowerering of the price to the main support / resistance level (4/8).

Trade solutions: sell from the four-hours SuperTrend line


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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