Murrey levels have been redrafted | 13 January 2016

13 January 2016, GBP/USD

Murrey levels have been redrafted

The four-hours chart of GBPUSD. The target level (-2/8) has been reached and as a result Murrey levels have been redrafted. At the moment, the price stood at the level of (2/8), but this level is not so strong to be able to hold the pair under strong trending movement. Therefore, in the near future we expected a further decline to the next target on the main level of support (0/8).

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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