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ellael_ella

Play in consolidation area

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
ellael_ella  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Fundamental Analysis GBPUSD gbpusdidea thefed greenback cable
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trendanalysis fundamental gbpusd gbpusdidea thefed greenback cable
GBPUSD
The pair's consolidation area is between 130.6 - 131.6
A few days ago, forecast of this pair's movement was sideways tending to be bearish. And that view has not changed, as there has been no significant economic progress between the two pairs.
GBPUSD is likely to move down when the Fed raises interest rates in May.
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