Close to the intermediate level of resistance | 29 January 2016
29 January 2016, GBP/USD
The four-hours chart if GBP USD. The pair made a retest of the Supertrend Day line and the reattempted to cross this line. But it was close enough to the next level of resistance (2/8), from which the price jumped down. As long as this level is not broken upward, our main expectation is resumption of the downward movement targeing the main support level (0/8).
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.
