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The pound stopped at the level again!

The pound stopped at the level again! | 13 August 2015

13 August 2015, GBP/USD

The pound stopped at the level again!

Next active movement of the bulls has been stopped by the resistance level formed so inappropriately which prevents the price to pass.

Perhaps this sudden stop is just a gathering forces to break the level.

If the assumption is correct, so we should wait for the breakthrough and the strong ascending impulse movement making the wave 3.

The pound stopped at the level again!

Vasiliy Lukin
FreshForex Analyst
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