FreshForex - Analytics

    FreshForex

    614.75 7.75/10
    65% of positive reviews
    Real

    We wait for return to the level of (8/8) 01 June 2016, GBP/USD

    Four-hours chart of GBPUSD. A bet on continued growth failed. Bears did not allow bulls to gain a foothold in the overboughtness zone and pushed the price down. However, bulls have more chances for recovery, as the nearest significant support (5/8) has sustained. If buyers can hold the price above this mark, they may return it to the main resistance price level (8/8).

    Trading solutions: today we shall waiting for breakdown of 1.4465 (5/8) and if the price returns above (5/8), we shall buy. The goal for growth is the main resistance level 1.4648 (8/8).


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree