We expect breakthrough of the level (0/8) | 22 December 2015

22 December 2015, GBP/USD

We expect breakthrough of the level (0/8)

The four-hours chart of GBP USD. The pair continues to consolidate at the level of (0/8). Since we had not seen a significant downward rebound, a probability of breakdown of this mark from the top to bottom has increased much. Drop to the level of (-1/8) and subsequent upward rebound of the price from this mark is our main expectation.

Trading solutions: no


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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