The pair continues to move in the channel (3/8 - 5/8) | 28 July 2015
28 July 2015, GBP/USD
The four-hours' chart of GBPUSD. Over the last day, no significant changes took place on the chart. The pair continues to move within a horizontal channel (3/8 - 5/8). option Therefore, continuation of this flat movement is considered to be the main scenario now. This option will be canceled if the price will consolidate on one of the boundaries of the channel and that will be 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.
