Currency pair Pound Dollar GBP/USD continues to move within the correction. At the moment, we should expect a test of the level of 1.3430 and continuation of the fall of the pair in the area below the level of 1.3105. In favor of the fall of the pair on FOREX will test the resistance line on the indicator of relative strength index (RSI).
GBP/USD forecast & technical analysis on December 19, 2017
The abolition of the variant of the Pound/Dollar decline will be a strong growth and a breakdown at the level of 1.3520, which indicates that the pair continues to grow above the level of 1.3650. Expect the acceleration of the fall is with the breakdown of the support level and closing below 1.3270.
GBP/USD forecast & technical analysis on December 19, 2017 assumes a test of the level of 1.3430 and the continuation of the fall of the pair with the target at 1.3105, an additional signal in favor of the decline of the British Pound will be a downtrend test on the relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
