The pair is trying to leave oversoldness area | 24 Diciembre 2015
24 Diciembre 2015, GBP/USD
The four-hours chart of GBP USD. Correction is developing from the level (-1/8). The price has already reached the first and a very strong resistance level - (0/8) - which hinders exit of the price from the oversoldness zone, in which it is based now. As long as this mark is not broken, our primary expectation is a resumption of the downward movement.
Trading solutions: no
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.
