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Decline

28 December 2015, GBP/USD

Decline

The four-hours chart of GBP USD. The pair has left oversoldness area by breaking resistance on the level 1.4093 (0/8). Nevertheless, the main expectation is still movement in the direction of a trend, i.e. down. The first target is at 1.4832 (-1/8). A more distant goal is the level of (-2/8).

Trading solutions: sales from current levels

Nikolay Krishtopov
FreshForex Analyst
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