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We expect the price on the level (0/8)

17 December 2015, GBP/USD

We expect the price on the level (0/8)

The four-hours chart of GBPUSD. The pair continued to decline. The target on the main support and resistance level (0/8) has not been achieved, but we expect the price to achieve this goal today. Thus there is a strong possibility that this level will be broken from top to bottom. Consolidation of the pair above the level (2/8) will cancel this option.

Trading solutions : keep sales

Nikolay Krishtopov
Analyst of «FreshForex» company
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