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.


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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