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Approaching the strongest level of system

04 March 2016, GBP/USD

Approaching the strongest level of system

The four-hours chart of GBPUSD. Pair has achieved the goal on main level of support/ resistance (4/8). This is the strongest level in the system and we can expect a downward pullback or maybe the price will turn over to the rising movement. But if this level is broekn through, we will good possibilities for pair growth.

Trading decisions: no

Nikolay Krishtopov
FreshForex Analyst
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