Flat continues

30 July 2015, GBP/USD


< span> The four-hours' chart of GBPUSD. Over the last day, no significant changes has been made on the chart. The pair continues to consolidate within a horizontal channel with the borders (3/8 -5/8). Meanwhile, continuation of flat remains to be the major option. It will be canceled only if the price consolidates on one of the boundaries of the channel and that will be an important prognostic signal.

Nikolay Krishtopov
FreshForex Analyst
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