The pair is still moving within the channel (3/8 - 5/8) | 23 July 2015

23 July 2015, GBP/USD

The pair is still moving within the channel (3/8 - 5/8)

The pair is still moving within the channel (3/8 - 5/8)

4 hours’ chart of  GBPUSD. No significant changes have been made on the chart for the last 24 hours. Currently the pair is consolidating within a horizontal channel (3/8 – 5/8), which will last until the price will break and consolidate on one of the channel borders and that will become an important prognostic signal.


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.
Nikolay Krishtopov
FreshForex Analyst
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