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Wait the price to hit level (4/8)

29 May 2015, GBP/USD

4 hours’ chart of GBPUSD. Within the last 24 hours, the chart has not shown any notable changes. The pair os still dropping. I remind that, following to a breakthrough and consolidation of the price below the level (6/8), we consider main support and resistance level (4/8)as the next target for decline. Only if the price consolidates above (6/8), we consider renewal of growth as real.

Nikolay Krishtopov
FreshForex Analyst
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