Currency pair Pound Dollar GBP/USD continues to move within the limits of growth. At the moment, quotes are testing the area of 1.3558. It is expected to rebound and fall in the area below the level of 1.3475, and then again continue the growth of the pair above the level of 1.37.
GBP/USD forecast Pound Dollar on September 19, 2017
In favor of the growth of the Pound/Dollar pair on Forex will perform a test of the support area 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.
Important news from the UK, which may have an impact on the rate of the Pound/Dollar pair, is not expected so the pair will continue to move in the technical analysis GBP/USD.
GBP/USD forecast Pound Dollar on September 19, 2017 assumes a test of the level of 1.3470, where the rebound and growth of the Pound/Dollar pair should be expected, an additional signal in favor of growth will be a trend line test on the relative strength indicator (RSI), the break-up of the breakdown will be level 1.3350.