The situation remains uncertain | 13 April 2016
13 April 2016, GBP/USD
Four-hours chart of GBPUSD. Bulls do not want to give up their power they showed yesterday. But this situation is not unique. At the level (7/8) sellers have a very strong resistance, and the price quickly bounced down. The price has stop at the reversal level (7/8), which anticipates drop to the level of (4/8). But given the current situation it is too early to talk about this scenario. The situation remains uncertain, and none of the parties can gain a decisive advantage. 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.
