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Approaching to the main level of resistance (8/8)

Approaching to the main level of resistance (8/8) | 15 June 2015

15 June 2015, GBP/USD

Approaching to the main level of resistance (8/8)

4 hours’ chart of GBPUSD. There is a little left for the pair to reach its target based on the main level of resistance (8/8). Nevertheless, we can see the second attempt of testing this level from 4 hours' Supertrend line. In its turn, a decline with the target on support level (6/8) is expected within the frames of renewal of descending movement.

Nikolay Krishtopov
FreshForex Analyst
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