The situation is uncertain | 21 April 2016

21 April 2016, GBP/USD

Four-hour chart of GBP USD. A rollback from the main resistance level took place, which allowed us to enter the market. But the current situation is confusing, and it is 50 to 50. On the one hand, the pair bounced off the level of (8/8) and broke support at the four-hours line of SuperTrend. On the other hand, a locally dominant movement is growth. After it broke support, the price did not continue the downward movement, and continues to consolidate below this level.

Trading solutions: settled profit on yesterday's sales or transfer it to breakeven


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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