Trying to gain a foothold in the oversoldness area
01 September 2015, GBP/USD
The four-hours' chart of GBPUSD. The pair continues to consolidate on the main level of support (0/8). Additional support is now rendered by the oversoldness area. From current position we can expect another attempt to enter the oversoldness zone. It is worth to pay attention to the level (-1/8), from which the price is likely to rebound.
solutions: buy on the level of 1.5320 (-1/8) .
Nikolay KrishtopovAnalyst of «FreshForex» company
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us