Correction | 01 March 2016

01 March 2016, GBP/USD

Correction

Four-hour chart of GBP USD. The pair reversed between the levels. Typically, such reversals do not have a lot of sense, but in this case, the pair has broken through and is now trying to gain a foothold above the level (2/8). Consolidation of the price above this level will tell about a further growth of the pair. Target for growth is the line Day of SuperTrend

Trading solutions: no

Nikolay Krishtopov
FreshForex Analyst
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