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The target on the level (0/8) has been reached

The target on the level (0/8) has been reached | 20 January 2016

20 January 2016, GBP/USD

The target on the level (0/8) has been reached

The four-hours chart of GBP USD. The goal on the main support level (0/8) has been reached. So far, the pair was not able to push this level down, so the main option is a corrective growth. Continuation of the downward movement will be onlu enabled by breakdown and consolidation of the price below the level of (0/8).

Trading solutions: no

Nikolay Krishtopov
FreshForex Analyst
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