Daily analysis of GBP/USD for August 13, 2015



GBP/USD remains trapped inside the range between the 1.5640 and 1.5450 levels on the daily chart, but the slightly bullish bias is still alive. However, 200 SMA on this time frame seems to be neutral and that means the pair will try to find a solid road soon in order to continue trading higher or lower, but this stage is crucial.

More analysis - at instaforex.com