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

Price is moving to the (0/8) level

10 August 2015, GBP/USD

Price is moving to the (0/8) level

Price is moving to the (0/8) level

The four-hour chart of the GBP/USD. After this the pair broke the horizontal (3/8 – 5/8) channel, the main scenario is the pair decrease towards the main (0/8) support level. And now the pair is doing that. This current rollback from (1/8) turning level is a correction, not a beginning of pivot.

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 .