Wait for price at (+2/8) level | 15 May 2015

15 May 2015, GBP/USD

Wait for price at (+2/8) level

4 hours’ chart of GBPUSD. There was no any big changes at the chart for last day. The pair is situated at the overbought area, which is a strong resistance level, and it is difficult for the pair to go upward. Nevertheless, while serious preconditions for a price reversal down there, so as a priority continue to consider the scenario of pair increasing to the (+2/8) mark.


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
FreshForex Analyst
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