Currency pair Pound Dollar GBP/USD continues to move within the correction. At the moment, quotes are testing the area of 1.3505. It is expected to rebound and continue to grow the pound in the area above the level of 1.3690.
GBP/USD forecast Pound Dollar on September 20, 2017
In favor of the growth of the Pound/Dollar pair on Forex will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the pair’s growth option will result in a drop and a breakdown at 1.3350 level, which will indicate the continuation of the fall of the pair with a target below the level of 1.3200.
Among the important news from the UK, which may affect the rate of the Pound/Dollar pair, it is worth highlighting: The change in the volume of retail trade taking into account the cost of fuel.
GBP/USD forecast Pound Dollar on September 20, 2017 suggests a test of the level of 1.3450, from which it is expected to rebound and the pair Pound/Dollar rise above 1.3690, an additional signal in favor of growth will be a trend line test on the indicator of relative strength index (RSI), level 1.3350.
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