The upper boundary has been almost reached | 28 April 2015

28 April 2015, GBP/USD

The upper boundary has been almost reached Pound/Us Dollar pair continues to move within the red alpha channel. The currency pair has almost reached the target specified before. Bulls are rapidly pushing the price up. It is likely that in the shortest time the currency pair will reach the specified level of the upper line of the blue channel on the point 1.530. Reaching this level will show us if bulls will manage to break resistance through either we will face decline of the pair soon.

Roman Petukhov
FreshForex Analyst
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