Formation of the downward swing is expected | 09 September 2015

09 September 2015, GBP/USD

The daily chart: the upward swing has been staffed and ran into pivot zone that could trigger both as a small pullback down and a new full-fledged downward swing.

Formation of the downward swing is expected

H1 chart: here we see a local bullish momentum, however, swing down does not seem to be exhausted.

Formation of the downward swing is expected

Expectations: decline to zone 1.5260

Trading solutions:

1) Selling to 1.5260

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .