The pair could continue to rise | 07 October 2015

07 October 2015, GBP/USD

The pair could continue to rise

The four-hours chart of GBPUSD. The target on the Day SuperTrend line has been practically reached. From it we can expect a slight pullback to the fourhours SuperTrend line, whereupon the upward movement will continue. The next target is the area between the level (6/8) and the Weekly SuperTrend line. This option will be cancelled by breakdown of the Day SuperTrend line by the price.

Trading solutions: purchase from the level (4/8).


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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