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Waiting when the price will hit the level (6/8)

Waiting when the price will hit the level (6/8) | 08 October 2015

08 October 2015, GBP/USD

Waiting when the price will hit the level (6/8)

The four-hours chart of GBP USD. The pair continues its upward movement almost with no pullbacks. But yesterday the goal was not reached, so the pair is expected to continue growth from current positions with a view to the resistance area formed by the level (6/8), and week Supertrend line. After that we can expect a downward rebound of the price.

Trading solutions: No

Nikolay Krishtopov
FreshForex Analyst
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