Nearly 200-points' potential for growth | 25 August 2015

25 August 2015, GBP/USD

The daily chart: Intensive breakthrough has confirmed determination of the pair to move to 1.5928. Pre-rollback in the form of the downward swing is possible.

Nearly 200-points' potential for growth

H1 chart: swing down has not formed yet, so wait for buy signal in the area of ​​1.5720.

Nearly 200-points' potential for growth

Scenarious: So, the pair is directed toward 1.5928, and we hope that it will roll back into the zone of 1.5720, where it will be possible to enter into this movement.

solutions: 1) We are waiting in the bottom (around 1.5720) for purchases to target 1.5928

Aleksey Panasenko
FreshForex Analyst
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