Correction | 18 December 2015

18 December 2015, GBP/USD

Correction

The four-hours chart of GBP USD. The target level (0/8) has been reached. So far, the pair was unable to break through the level (0/8). After a minor consolidation, it bounced off it upwards, so a corrective upward movement is our main expectation. Target is at the level of (2/8).

Trading solutions: sales should hit the level of (0/8) on their Close. In the case of re-retest you can try to buyfrom the level (0/8) to the level (2/8)


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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