Correction | 25 January 2016
25 January 2016, GBP/USD
The four-hours chart of GBPUSD. The upward correction movement has reached its first target of the SuperTrend Day line. From this line of resistance the price has bounced downward, however, the pair is kept above the four-hours SuperTrend line, so from current position it is quite possible to expect further growth of the pair with the next stop at an intermediate level of resistance (2/8).
Trading 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.
