Bulls' success was short-lived | 14 Juli 2016
14 Juli 2016, GBP/USD
The 4hours' of GBPUSD. Bulls' success was short-lived. They managed to take one of the resistance levels - (2/8), but have failed to cross (3/8) - they did not even touch it. The main plan is a drop with the medium-term goal - the main support level (0/8). The outlook of a corrective upward movement is limited by the resistance area formed at (3/8).
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.
