Next retest of the level (6/8) | 23 October 2015

23 October 2015, GBP/USD

Next retest of the level (6/8)

The four-hours chart of GBPUSD. After another unsuccessful attempt to finalize the level (6/8), the pair slid down hard enough. Here, the support price has the strongest level in the system (4/8). The price has already rebounded up from here and now we can expect a new upward wave with a view to the same level (6/8).

solutions: purchase from the level (4/8) in case of its retest


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
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