Still consolidating in a very narrow range | 01 July 2015

01 July 2015, GBP/USD

Still consolidating in a very narrow range

4 hours’ chart of GBPUSD. No significant changes have been made on the chart for the last 24 hours. The pair is still consolidating in a very narrow range between the level (5/8) and the day Supertrend line. The main scenario considered by us is still decline of the price. Nearest target based on the main level of support and resistance(4/8).

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .