Potential for growth | 16 September 2016
16 September 2016, GBP/USD
The four-hours chart GBPUSD. Pair has retested the main support/resistance level 1.3184 (4/8) and upwards bounced from it, prove the strength of the level. As the main possibility we observe possibility with pair growth. The nearest aim is located on 1.3306 (6/8) level. If pair breaks through this level it would have opportunity to growth to the main resistance level (8/8). This possibility would be canceled if price breaks through and consolidates under main local support level 1.3184 (4/8).
Trading decisions: 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.
