Fractal analysis of the GBP/USD currency pair from Alexey Portnov

As you can see, the price of this currency pair is consolidating near a strong resistance level. I admit the correction, but not a deep one, as the pound looks very weak on the back of other currencies.

Trading recommendations:
- I recommend you to wait for the mid – term sale entrance.

Best regards,

Analyst: A. Portnov.