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We expect breakthrough of the level (4/8)

15 December 2015, GBP/USD

The four-hours chart of GBP USD. The pair has not reached the level of (6/8). At the moment the price is testing a major support and resistance level (4/8). The main option is a breakdown of the level (4/8) and a further decline of the price targeting the level of (2/8).

We expect breakthrough of the level (4/8)

The four-hours chart of GBP USD. The pair has not reached the level of (6/8). At the moment the price is testing a major support and resistance level (4/8). The main option is a breakdown of the level (4/8) and a further decline of the price targeting the level of (2/8).

Nikolay Krishtopov
FreshForex Analyst
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