manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Bulls have defended of the level (4/8)

15 September 2016, GBP/USD

GBP/USD: : bulls have defended level (4/8)

The four-hours chart GBPUSD. Pair has strong upwards bounce after pseudo breakthrough of the main support/resistance level (4/8). It is a good signal for beginning new rising wave with aim on the main resistance level (8/8). We consider pair growth is the main possibility. The nearest aim locates on the nearest even level (6/8), in the case of breakthrough we are expecting price on level (8/8). This possibility would be canceled if price breakthroughs and consolidates under main support/resistance level (4/8).

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