Consolidation within the channel (3/8 - 5/8) continues | 22 July 2015
22 July 2015, GBP/USD
4 hours’ chart of GBPUSD. No significant changes have been made on the chart for the last 24 hours. The pair is still consolidating within a horixontal channel (3/8 – 5/8). Meanwhile, there are no signs that the price may leave the channel, so continuation of movement within the above-mentioned boundaries is our main scenario. When the price leaves this flat, we may discuss middle-term plans.
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.
