GBP/USD forecast Pound Dollar on September 20, 2017


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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.

GBP/USD forecast Pound Dollar on September 20, 2017

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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