The first target has been almost reached | 29 April 2015

29 April 2015, GBP/USD

The first target has been almost reached

The first target has been almost reached 4 hours’ chart of GBPUSD.

Growth continues but the first target based on the point (6/8) has not been reached yet.

We wait when this target will be reached, whereupon we can wait for a rather serious correctional pullback to the lines of daily SuperTrend.

Another option is the consolidation above the point (6/8) and continuation of growth of the pair.


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.
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