GBPUSD: Price in Consolidation

FX:GBPUSD   British Pound / U.S. Dollar
Price has been consolidating for the past week. Breakout traders can keep an eye on the 1.4980 level for a breakout to the upside; and the 1.4770 level for the breakout to the downside.

I would love to hear your opinion, feel free to comment, agree or disagree.


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Do you think it's false breakdown on GPBUSD?
KarYong Eugene_Titov
as long as 1.4975 holds, i am bearish on GBPUSD.
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