The pair is approaching resistance area | 08 September 2015
08 September 2015, GBP/USD
The four-hours chart of GBPUSD. The pair went into a correction, just in some time before it was supposed to reach the main support and resistance level (4/8). At the moment the price is testing a very strong resistance area formed by the weekly and daily Supertrend lines and level (6/8). After reaching this area, we can expect resumption of the downward movement. solutions: sell at 1.5381 (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.
