Trying to gain a foothold in the oversoldness area | 01 سبتمبر 2015

01 سبتمبر 2015, GBP/USD

Trying to gain a foothold in the oversoldness area

The four-hours' chart of GBPUSD. The pair continues to consolidate on the main level of support (0/8). Additional support is now rendered by the oversoldness area. From current position we can expect another attempt to enter the oversoldness zone. It is worth to pay attention to the level (-1/8), from which the price is likely to rebound.

solutions: buy on the level of 1.5320 (-1/8) .


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Nikolay Krishtopov
محلل شركة FreshForex
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