The pair is being held above the level (0/8) | 30 سبتمبر 2016

30 سبتمبر 2016, GBP/USD

GBP/USD: Pair holds upper (0/8) level

The four-hours chart GBPUSD. Pair couldn’t go through resistance area which was made with (2/8) level and daily Supertrend line and has down pullback. Buyers could hold price above the main support level(0/8). We consider possibility with pair growth. The nearest aim is on intermediate resistance level (2/8) if pair consolidates above this level we could say about further growth possibility. This possibility could be canceled in price breaks through and consolidate under bottom support level (0/8).

Trading decisions: hold deals on buy with aim on 1.3062 (2/8)level.


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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