Log in

Levels have been redrafted

09 October 2015, GBP/USD

Levels have been redrafted

The four-hours chart of GBPUSD. Target level (6/8) has been achieved, but changes in volatility made Murrey levels redrafted and the level (6/8) has turned into (4/8). The price has already rebounded from this level to a significant extent, and as we see, the price has come back to this level, it is a signal for a soon breakdown of this level. Therefore, as the main we consider the option of continuation of growth of the pair.

Trading solutions: purchase from the line four hours-SuperTrend Line.

Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.