We are waiting for the price on the level (4/8)

09 December 2015, GBP/USD

We are waiting for the price on the level (4/8)

The four-hours chart of GBPUSD. The level (2/8) was broken, but the price does not reach the target level (0/8). There was a rebound from the reversal level (7/8), which is a signal of the forthcoming growth of the pair to the main support and resistance level (4/8). The level (2/8) is now support.

Trade solutions: purchase from the level (2/8) to level (4/8)

Nikolay Krishtopov
FreshForex Analyst
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