manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

The pair has entered the overboughtness zone

27 April 2015, GBP/USD

The pair has entered the overboughtness zone 4 hours’ chart of GBPUSD. Main resistance level (8/8) was not able to work for the pair. The pair has entered overboughtness zone. At present, the level (+1/8) has been reached, from which we can expect pullback to the point (8/8). In its turn, it retains the price from leaving from the overboughtness zone. At the same time, this level is the one from which we can expect renewal of growth with the target based on the point (+2/8).

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .