Reversed at (7/8) | 26 August 2015

26 August 2015, GBP/USD

 pair turned-level (7/8)

The four-hour's chart of GBPUSD.Levels have been redrafted. At the moment, we see a reversal and a sufficiently strong price bounce from the level 1.1597 (7/8), it is a good signal for us for a decline. So, we are waiting when the price will finalize reversal pattern with a view on the main level of support and resistance (4/8). Sell ​​upon a rollback to level of 1.5747 (6/8).


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