Flat continues | 01 أغسطس 2016
01 أغسطس 2016, GBP/USD
Four-hours chart of GBPUSD. The pair continues to consolidate around (2/8). No fundamental changes took place on the chart. Therefore, a flat is the main option. But it is worth noting that advantage of bears is not so obvious. If the price gets above 1.3300, in the future we may see the price at (5/8), which now serves as a fairly strong resistance level. But it is better to stay out of the market
Trading solutions: no
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.
