Continued drop | 24 May 2016

24 May 2016, GBP/USD

Continued drop

Four-hours chart of GBPUSD. The initiative still belongs to sellers. Support is the SuperTrend Daily line. But this level is not very important for bulls, so, most likely, it will be crossed. The main support and resistance level 1.1404 (4/8) is the next goal for a drop.

Trading solutions: So far, we have good entry points. As before, the closest one is very high, at 1.4611 (the weekly SuperTrend line).

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus