GBP USD forex forecast for the week 15 August — 19 August, 2016


Currency pair pound dollar GBP USD finished the current trading week at 1.2915. At the moment, there is the potential to start turning the pound against the dollar in order to increase above the level of 1.32.

GBP USD forex forecast for the week 15 August — 19 August, 2016

GBP USD forex forecast for the week 15 August — 19 August, 2016

The signal in favor of the growth is the formation of reversal pattern Forex failure swing, which indicates the resistance level of shedding. Cancellation option price growth GBP USD on the next trading week will fall in value relative strength indicator below the level of 30 that cancels this model.

GBP USD forex forecast for the week 15 August — 19 August, 2016 suggests an attempt to turn within the mining reversal pattern failure swing in order to increase 1.32.


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