Bulls managed to hold level | 28 April 2016
28 April 2016, GBP/USD
Four-hours chart of GBPUSD. Bulls managed to keep the price above the four-hours SuperTrend line. Upward momentum is not lost and we can now count on continuation of the upward movement. The nearest goal is based at the weekly SuperTrend line, but it is possible that we will see the price at the level of (8/8) in the next two days and maybe higher. For bears the situation is rather negative.
Trading solutions: close yesterday's sales from the Weekly Supertrend line at the current price and look for buying options 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.
