6:31 PM
GBP USD, “Great Britain Pound vs US Dollar”
Yesterday Pound completed its correction and continued falling; the price is supported by Super Trends. If bears don’t face resistance at the 1/8 level and break it, the market will reach the 0/8 one within the next several days.
As we can see at the H1 chart, the pair has rebounded from the 0/8 level. Earlier the price rebounded from the 2/8 level as well, and resumed falling. Possibly, the market may break the -2/8 level within the next several hours. In this case, the lines at the chart will be redrawn.
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