manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Flat continues

29 July 2016, GBP/USD

Flat continues

Four-hours chart of GBPUSD. Over the past day, no fundamental changes took place in the chart. The price continues to consolidate in a narrow range around (2/8). The main option is continuation of flat. Now decline to the bottom of the flat is most likely. As long as the price stays within the horizontal channel, no medium-term targets can be considered. But, of course, given the dominance of the downtrend, decline is most likely

Trading solutions: none

Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.