Expecting the price on (8/8) level | 08 September 2016
08 September 2016, GBP/USD
The four-hours chart GBPUSD. Price has strong bounce from the main resistance level (8/8). As a result the four- hours Supertrend line was broken through. Nevertheless price located above level (6/8) so potential for further pair growth is remaining. The possibility of pair growth we are considering as the main possibility. The nearest aim is on the main resistance level (8/8). Prospects of further growth would be depend on the fact could price consolidate in the oversold area or not.
Trading decisions: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.
