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

A deeper decline

26 September 2016, GBP/USD

GBP/USD: We are waiting for further decrease

The four-hours chart GBPUSD. Pair hasn’t gone through level and consolidate above intermediate resistance level (2/8) hair has strong decrease pullback and now is testing the main support level (0/8). Now price couldn’t go through this level but there is no strong upwards pullback too. As a priority we consider possibility with pair decrease. Now aim for decrease is (-1/8) level. This possibility would be canceled if price breaks through this level (2/8).

Trading decisions: 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 .