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Wait the price to hit level (4/8)

29 June 2015, GBP/USD

Wait the price to hit level (4/8)

4 hours’ chart of GBPUSD. No significant changes have been made on the chart over the recent time. The pair continues to consolidate near the level (5/8). Main scenario is still a decline of the price to the main level of support and resistance (4/8). This scenario will only be cancelled by consolidation of the price above 4 hours’ Supertrend line .

Nikolay Krishtopov
FreshForex Analyst
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