Currency pair Pound Dollar GBP/USD continues to move within the rising channel. At this point, we should expect an attempt to test the lower border of the channel near 1.3680 and continue the growth of the pair above the level of 1.3910. In favor of the growth of the pair on FOREX will test the trend line on the indicator of relative strength index (RSI).
GBP/USD forecast & technical analysis January 16, 2018
Cancellation of the growth variant of the Pound/Dollar will be a drop and a breakdown at the level of 1.3640, which indicates continuation of the fall of the pair below the level of 1.3280. Expect to accelerate the growth of the Pound/Dollar pair is at the level breakdown of 1.3620.
GBP/USD forecast & technical analysis January 16, 2018 suggests an attempt to test the lower border of the channel near the level of 1.3680 and the continuation of growth with a target above 1.3910, an additional signal in favor of the growth of the British Pound will test the support line on the indicator of relative strength index (RSI).
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