Wait for the resistance level breakthrough! | 14 August 2015

14 August 2015, GBP/USD

Wait for the resistance level breakthrough!

The price cannot pass the resistance level.

In this situation the risk of the fast decline is increase, so, ot is better not trade at this pair, although we can try to take the resistance level breakthrough, setting on the local maximum the pending order to buy.

The wave mark stays the same.

Wait for the resistance level breakthrough!


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.
Vasiliy Lukin
FreshForex Analyst
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