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Wait for price near (+2/8)

14 May 2015, GBP/USD

We are waiting for the price near (+2/8) level

Wait for price near (+2/8)

4 hours’ chart of GBPUSD. The pair have settled well and truly in overbought area. And despite of strong resistance of this area, there is no any signals of price reversal. The main scenario is continued growthing of this pair. Growth target is (+2/8) level. When the price achieve this level, Murrey levels will be updated again.

Nikolay Krishtopov
FreshForex Analyst
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