No changes | 04 August 2015

04 August 2015, GBP/USD

No changes

The four-hours' chart of GBPUSD. No changes took place. The pair has already been moving within a horizontal channel (3/8 & ndash; 5/8) for quite a long time. Meanwhile there are no signs of its exit rates from this flat channel, so continuation of an existing movement is the main plan for the price. It will be cancelled by a breakdown and consolidation of the price on one of the boundaries of the channel.

Nikolay Krishtopov
FreshForex Analyst
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