As shown in chart 4 hours, sterling was still in the bullish channel formed. Break above 1.5725 area could recover the bullish momentum and push prices to rise to test 1.5810 area before testing 1.5930 area. To the downside, a break below the bottom line of the bearish channel around 1.5670 area could end the bullish outlook at this time to move down area of 1.5620 or even 1.5575 area.
0 Response to "GBP Still Being in Bullish Channel"
Thanks for give comment.