Still consolidating in a very narrow range | 01 Juli 2015

01 Juli 2015, GBP/USD

Still consolidating in a very narrow range

4 hours’ chart of GBPUSD. No significant changes have been made on the chart for the last 24 hours. The pair is still consolidating in a very narrow range between the level (5/8) and the day Supertrend line. The main scenario considered by us is still decline of the price. Nearest target based on the main level of support and resistance(4/8).


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.
Nikolay Krishtopov
Analis perusahaan "FreshForex"
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