Anticipating a deeper decline | 26 October 2015
26 October 2015, GBP/USD
The four-hours chart of GBP USD. The pair has forced the major support and resistance level (4/8), thus paving the way for its further decline. At the moment, the next target is the level of (2/8). The closest resistance stands is the four-hours' SuperTrend line. If it is tested, we can expect a downward rebound.
Trade 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.
