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Business / Finance

The analysis of Murray levels - GBP/USD: decline can be continued

FreshForex news RSS 13.11.2018 at 06:13

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GBPUSD - flat

the four-hour chart of GBP/USD. The decrease continues. The price is easily pushed through the main level of support/resistance 1.2939 (4/8) opening up a new target at the level of 1.2817 (2/8), to which the price is currently moving. At the same time in srednesrochnoi the future we can not exclude the development of a stronger descending wave with the target at the main setback to 1.2695 level of support (0/8). This scenario is cancelled in case the price fixates above the line of the four-Supertrend, which plays the role of a dynamic resistance level. Merchant solutions: sell take profit 1.2920 1.2817 And you know where the highest return on GBP?

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