The price has stuck on the level (4/8) | 16 July 2015

16 July 2015, GBP/USD

The price has stuck on the level (4/8)

4 hours’ chart of  GBPUSD. The pair had been consolidating on the main level of support and resistance  (4/8). This disregard of the strongest level in system is only enabled by a movement of the price within the horizontal channel (3/8 – 5/8). Despite we have no proof of an emerging flat, this very option of its further movement is the most probable by the moment .

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .