We are waiting for the price on the level (4/8) | 09 December 2015

09 December 2015, GBP/USD

We are waiting for the price on the level (4/8)

The four-hours chart of GBPUSD. The level (2/8) was broken, but the price does not reach the target level (0/8). There was a rebound from the reversal level (7/8), which is a signal of the forthcoming growth of the pair to the main support and resistance level (4/8). The level (2/8) is now support.

Trade solutions: purchase from the level (2/8) to level (4/8)


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
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