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We are waiting for the price on the level (2/8)

31 August 2015, GBP/USD

We are waiting for the price on the level (2/8)

We are waiting for the price level (2/8)

The four-hours' chart of GBPUSD. The pair was not able to gain foothold and bounced off its top. Therefore, the level of (0/8) is still considered as a very strong support level, from which we can expect correction with the target based on the intermediate level of resistance (2/8).

solutions: buy on the level of 1.5381 (0/8) .We are waiting for the price on the level (2/8)

Nikolay Krishtopov
FreshForex Analyst
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