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The pair goes to 4/8

The pair goes to 4/8 | 11 August 2015

11 August 2015, GBP/USD

The pair obviously is going to 4/8

The pair goes to 4/8

The four hourly chart the GBPUSD. On the level (1/8) the pair pivoted up. The level (2/8) was broken, and that became a verification of this variant. At the moment we are waiting for a final pivot with a target on the main level of support/resistance (4/8), and we are waiting for the rebound down.

Nikolay Krishtopov
FreshForex Analyst
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