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The pair has forced the point (6/8)

28 May 2015, GBP/USD

The pair has forced the point (6/8)

. 4 hours’ chart of GBPUSD. After a short correction, the level (6/8) was forced down by the pair. Currently we see retest of this level from the reverse side. In general, the situation remains unchanged and we wait for a further decline of price in the middle-term run. 4 hours’ Super trend line is considered by us as the nearest resistance level.

Nikolay Krishtopov
FreshForex Analyst
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