FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov observes that GPB is continuing consolidation ahead of the next upside leg.



Key quotes



"The price is bullish above 1.7120 and the main support is at 1.7070."



"That second if broken will bring the price another 100 pips down in minutes."



"H4 and H1 indicators are bullish, Daily ones are slowly turning to the upside."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    A Fundamental Push for Key EURUSD, GBPUSD and USDJPY Levels?

  2. Forex News

    EURUSD and GBPUSD Will Decide Make-or-Break In Holiday Trading Conditions

  3. Forex News

    FX: CFTC Commitments of Traders Report - TDS

  4. Forex News

    GBP/USD bulls need to catch their breath

  5. Forex News

    GBP/USD lid turn tighter on Yellen and dollar strength

Trading Center