Formation of the downward swing is expected | 09 September 2015

09 September 2015, GBP/USD

The daily chart: the upward swing has been staffed and ran into pivot zone that could trigger both as a small pullback down and a new full-fledged downward swing.

Formation of the downward swing is expected

H1 chart: here we see a local bullish momentum, however, swing down does not seem to be exhausted.

Formation of the downward swing is expected

Expectations: decline to zone 1.5260

Trading solutions:

1) Selling to 1.5260

Aleksey Panasenko
Analis perusahaan "FreshForex"
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