Currency pair Pound Dollar GBP/USD continues to move within the limits of growth. At the moment, we should expect an attempt to break through the channel near the level of 1.3440 and continue the growth of the pair in the area above the level of 1.3590.
GBP/USD prediction & technical analysis on December 1, 2017
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). Cancellation of the growth variant of the Pound/Dollar will be a drop and a breakdown at the level of 1.3290, which will indicate the breakdown of the lower boundary of the channel and the continuation of the fall of the pair below the level of 1.3050. To expect the acceleration of growth is with the breakdown of the level of 1.3530.
GBP/USD prediction & technical analysis on December 1, 2017 assumes an attempt to test the broken channel border and continue growth with the target at 1.3590, an additional signal in favor of the British Pound growth will be a test of the support line on the relative strength index (RSI), of the level of 1.3290.
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