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Not able to get consolidated above (6/8)

05 June 2015, GBP/USD

Not able to get consolidated above (6/8)Not able to get consolidated above (6/8)

4 hours’ chart of GBPUSD. The price still attempts to get consolidated above (6/8), but fails. Core plan remains the same: decline of the price from current positions to the main level of support and resistance(4/8). COntinuation of ascending movement will be enabled only in case of consolidation above 1.5381 (6/8).

Nikolay Krishtopov
FreshForex Analyst
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