Ascending trend is not finished yet | 06 May 2015

06 May 2015, GBP/USD

Ascending trend is not finished yet 4 hours’ chart of GBPUSD. The pair did not manage to get consolidated below the main level of resistance and support (4/8). We have seen a rather good bounce which confirms that downward correction is finished and ascending trend is renewed. The first target for growth is the intermediate level of resistance (6/8).

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .