Decline | 28 December 2015

28 December 2015, GBP/USD

Decline

The four-hours chart of GBP USD. The pair has left oversoldness area by breaking resistance on the level 1.4093 (0/8). Nevertheless, the main expectation is still movement in the direction of a trend, i.e. down. The first target is at 1.4832 (-1/8). A more distant goal is the level of (-2/8).

Trading solutions: sales from current levels


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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