Decline is coming to replace a slight correction | 01 يونيو 2015

01 يونيو 2015, GBP/USD

Decline is coming to replace a slight correction

Decline is coming to replace a slight correction

4 hours’ chart of GBPUSD. No significant changes took palce on the chart. The pair is consolidating in a very narrow range. We may expect a correctional pullback to the nearest resistance level now represented by 4 hours’ Super trend line. Once it is reached, we expect renewal of downward movement.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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