We expect a rollback down | 07 December 2015

07 December 2015, GBP/USD

We expect a rollback down

The four-hours chart of GBP USD. The pair failed to break a major support and resistance level (4/8). So, our main expectation is its decline to the level of (2/8). But at the moment, on the local level, it is expected to reduce to the four-hours SuperTrend line and rebound up from this level.

Trading solutions: sales from current levels with a view to 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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