Growth is expected | 03 February 2016

03 February 2016, GBP/USD

Growth is expected

The four-hour chart GBP USD. The pair is trying to gain a foothold above the intermediate level resistance (2/8). So far, it has failed, but soon we expect breakdown of this level from the bottom to the top and further growth of the pair targeting the Weekly SuperTrend line. The nearest support is the four-hours line of SuperTrend.

Trading solutions: purchase from the four-hours line of SuperTrend


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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