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Waiting for a further decline

Waiting for a further decline | 26 May 2015

26 May 2015, GBP/USD

26 May of 2015, GBP/USD

Waiting for a further decline

4 hours’ chart of GBPUSD. The first target based on an intermediate level of support (2/8) has been almost hit. Though meanwhile there are no signs of reversal either a correctional pullback. Therefore, our main plan is a further decline of the pair. The next target is the main level of resistance and support - 1.5137 (4/8).


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
Analista de la empresa" FreshForex
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