Bulls are focused on (4/8) | 15 Juli 2016
15 Juli 2016, GBP/USD
Four-hours chart of GBPUSD. The pair continues its local upward movement. Bulls were going to storm (3/8), and apparently they will succeed. This is a fairly significant success of bulls, but talking about reversal is too early. The current upward movement is regarded by us as correction. The next target is the main support and resistance level (4/8). This option will be canceled if bears manage to drag the price below (2/8). However, the probability that this will happen today is very low
Trading solutions: no
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