A deeper decline | 26 September 2016
26 September 2016, GBP/USD
The four-hours chart GBPUSD. Pair hasn’t gone through level and consolidate above intermediate resistance level (2/8) hair has strong decrease pullback and now is testing the main support level (0/8). Now price couldn’t go through this level but there is no strong upwards pullback too. As a priority we consider possibility with pair decrease. Now aim for decrease is (-1/8) level. This possibility would be canceled if price breaks through this level (2/8).
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.
