Expecting the price at (0/8) | 23 September 2016
23 September 2016, GBP/USD
The four-hours chart GBPUSD. As we expected pair tried to go through intermediate resistance level (2/8), but this effort wasn’t succeed. The main possibility is the script with price decrease and retests the main support level 1.2939 (0/8). This possibility would be canceled if price breaks through and consolidate above intermediate resistance level (2/8). Only in this case we can consider on the strong price upwards pullback in the area of the main support/resistance level (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.
