Levels have been redrafted | 25 August 2015

25 August 2015, GBP/USD

Levels have been redrafted

The four-hours' chart of GBPUSD. Level (+2/8) was broken from bottom to the top and as a result we see that Murrey Levels have been redrafted. Currently the pair is trying to gain foothold above the level (6/8), which will open the way to further growth with a view on the main level of resistance (8/8). This option will be canceled in case of return of the price to the level of (6/8).

Nikolay Krishtopov
FreshForex Analyst
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