GBP/USD: The pair is moving in the range. Technical analysis for 05.08.2016.

Forex analytics: Review and dynamicsYesterday, the Bank of England has lowered interest rate and expanded incentive program to stimulate British economy. The pair GBP/USD fell by 1.7%, losing almost 220 points. The price returned to therange of 1.3060 and 1.3365 (Fibonacci 23.6% to the decline after the announcement of the referendum results), where the pair GBP/USD has traded during the month. The decline in ...