Waiting when the price will reach the level (4/8) | 13 July 2015

13 July 2015, GBP/USD

Waiting when the price will reach the level (4/8)

4 hours’ chart of  GBPUSD. Correctional pullback has reached its nearest target based on the day Supertrend line. So far, we have not seen a strong bounce of the price back. The pair is consolidating in a very narrow range, thereby increasing chances for breaking this resistance level. In the last event, we shall expect the price on the main level of support and resistance  (4/8).


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
Close
Login