Price is moving to the (0/8) level | 10 August 2015
10 August 2015, GBP/USD
Price is moving to the (0/8) level
The four-hour chart of the GBP/USD. After this the pair broke the horizontal (3/8 – 5/8) channel, the main scenario is the pair decrease towards the main (0/8) support level. And now the pair is doing that. This current rollback from (1/8) turning level is a correction, not a beginning of pivot.
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.
