The initiative belongs to sellers | 06 5月 2016

06 5月 2016, GBP/USD

The initiative belongs to sellers

Four-hours chart of GBPUSD. The pair continues to consolidate on the Supertrend Daily line. As long as the initiative belongs to sellers, we have no preconditions for an upward reversal. The local level of support is likely to be crossed today and the price will continue its further downward movement. The next stop would be the intermediate support level (6/8). But the medium-term outlook suggests level of support and resistance (4/8) as the goal of drop.

Trading solutions: look for sell opportunities slightly above the four-hours Supertrend Line

Nikolay Krishtopov
FreshForex公司的分析员
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.