Wait for the further decline | 01 February 2016

01 February 2016, GBP/USD

4-hourly chart GBPUSD. The pair bounced down from the middle resistance level (2/8). The nearest target on the main support level (0/8) is reached. From the level the pair bounced up. This growth we consider as a correction and in the nearest future wait for the renew movement down. Trading solutions: sales from the daily supertrend band.

Wait for the further decline


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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