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The level (4/8) keeps the pair

13 August 2015, GBP/USD

The level (4/8) keeps the pair

The level (4/8) keeps the pair

4 hours’ chart of the GBPUSD. The retest of the main support/resistance level (4/8) has happened. The pair didn’t manage to to pass over, so the main variant is still the decline of the pair. The first target is the level (2/8). This variant will be denied in case of the pair’s settle above the level (4/8).

Nikolay Krishtopov
FreshForex Analyst
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