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Trying to consolidate above (6/8)

10 June 2015, GBP/USD

Trying to consolidate above (6/8)

4 hours’ chart of GBPUSD. The pair made one more attempt to break the point 1.5381 (6/8). Until the pair has not consolidated above this level, it is too early to speak about a full breakthrough. Core scenario considered by us is renewal of ascending movement with the same target based on the main level of support and resistance 1.5137 (4/8).

Nikolay Krishtopov
FreshForex Analyst
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