The pair returned to the channel (3/8 - 5/8) | 27 July 2015
27 July 2015, GBP/USD
4-hours' chart of GBPUSD. The pair went back into the channel (3/8 - 5/8). If it manages to consolidate within its borders, the break of 1.5503 (3/8) which took place earlier, will be treated by us as false. As the main option, we still consider he continuation of consolidation within a horizontal channel with boundaries 1.5503 (3.8) and 1.5747 (5/8).
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.
