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Next retest of the level (6/8)

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

Nikolay Krishtopov
FreshForex Analyst
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