Flat is still here | 20 July 2015
20 July 2015, GBP/USD
4 hours’ chart of GBPUSD. The pair is still consolidating in a rather narrow range around the point (4/8). It is in a horizontal channel (3/8 – 5/8). There are no signs that the price could leave the channel, so the main scenario considered by us is movement of the price within the above-mentioned channel. Only when the price leaves flat, we can discuss its directions
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.
