manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

The price is approaching to the level of (0/8)

18 January 2016, GBP/USD

The price is approaching to the level of (0/8)

The four-hours chart of GBP USD. Meanwhile the pair is moving fully in line with our expectations. After a brief consolidation at the level of (2/8), the price continued movement in the direction of the existing trend. At the moment, the price stood around (1/8), but it is too early to talk about a reversal pattern, since we have no confirming signal. Main option is drop of the price to the main support level (0/8).

Trading solutions no

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .