Waiting for a further decline | 06 Juli 2015
06 Juli 2015, GBP/USD
4 hours’ chart of GBPUSD. The pair is still consolidating in a very narrow range just below the main level of support and resistance (4/8). Additional resistance of the pair is provided by 4 hours’ Supertrend line (4/8). The point (2/8) is still the target for decline. This scenario will only be cancelled by return and consolidation of the price above the level (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.
