Currency pair Pound Dollar GBP/USD continues to move within the bullish channel. At this point, we should expect an attempt to fall into the support area near the area of 1.3805. The growth target is the area above the level of 1.4050. In favor of the growth of the pair on Forex will perform a test of the support line on the indicator of relative strength index (RSI).
GBP/USD forecast & technical analysis January 23, 2018
Cancellation of the growth variant of the Pound/Dollar will be a drop and a breakdown of the level of 1.3700, which will indicate the breakdown of the lower border of the channel and the continuation of the fall of the pair below the level of 1.3630.
GBP/USD forecast & technical analysis January 23, 2018 suggests a test of the support level of 1.3800 and the continuation of growth with a target above 1.4050, an additional signal for the growth of the British Pound will perform a test of the support line on the indicator of relative strength index (RSI).
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