The pair is trying to leave the channel (3/8 - 5/8) | 24 July 2015

24 July 2015, GBP/USD

The pair is trying to leave the channel (3/8 - 5/8)

4 hours’ chart of GBPUSD.

The pair is trying to leave the horizontal channel (3/8 - 5/8) in which it had been consolidating in recent time.

Staying within the channel was not very durable, so the level of (2/8) is still considered as the target for decline.

This option will be canceled if the price returns and consolidates above the level (3/8), and the current plan will become irrelevant.

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .