We are expecting decrease | 12 February 2016
12 February 2016, GBP/USD
The four-hours chart GBPUSD. The pair is testing level (2/8) on strength again. The price has bounced upwards off this level but it could not consolidate above the four-hours Supertrend line. As a main possibility, we are expecting pair decrease to the main support level (0/8). This possibility could be canceled if the pair can consolidate above four-hours Supertrend line.
Trading decisions: 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.
