09 March 2016, GBP/USD
The four-hours chart of GBPUSD. Pair couldn’t break through level (5/8) so further price movement could be in horizontal range (3/8 – 5/8). At the moment pair tests main support/resistance level (4/8) from which we are waiting for upper bounce. If it breaks through of this level we will get second signal for beginning moving into horizontal range and this possibility will be main. Now we are waiting for price reaction on (4/8) level.
Trading decisions: no
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