Wait the price to hit level (0/8) | 07 August 2015
07 August 2015, GBP/USD
The four-hours' chart of GBPUSD. After a durable consolidation within a horizontal channel (3/8 - 5/8), the pair came out of it and broke the bottom border down. Currently, the pair has stopped at the level of (2/8), but given that it had been within a horizontal channel for a long time, now objective for decline is the main support level (0/8).
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.
