Pound Dollar forecast GBP/USD on October 23, 2017


Currency pair Pound Dollar GBP/USD is trading at 1.3159. The pair continues to trade below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a downward trend in the Pound/Dollar pair. Ichimoku Kinko Hyo Cloud near the level 1.3160 ​​is expected to be tested, from which it is expected to attempt a fall with a target near the level of 1.2995.

Pound Dollar forecast GBP/USD on October 23, 2017

Pound Dollar forecast GBP/USD on October 23, 2017

Earlier, a medium strength signal was received for the sell of the Pound/Dollar pair, due to the crossing of the signal lines at 1.3230. The cancellation of the fall of the quotes of the pair will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of ​​1.3280, which will indicate a change in the bearish trend in favor of the bullish trend. To expect the acceleration of the fall in the price of GBP/USD is at the level breakdown of 1.3120.


Join our Telegram Channel


Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link

Post Comment