The price rebounded from the reversal level | 14 اكتوبر 2015
14 اكتوبر 2015, GBP/USD
The four-hours chart of GBPUSD. Target Level (2/8) has not only reached, but was passed from the top to the bottom. It is worth to note that the price stopped and jumped up from the reversal level (1/8), which implies a return of prices to the main support and resistance level (4/8). Breakdown of the level (1/8) from the top to the bottom will cancel this option.
Trading solutions: purchase in the case of retest of the level (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.
