Currency pair Pound Dollar GBP/USD continues to move within the lateral trend. At the moment, we should expect a test of the resistance level near 1.3350 and the continuation of the fall of the pair in the area below the level of 1.3180. In favor of the fall of the pair on FOREX will break through the support line on the indicator of relative strength index (RSI).
GBP/USD prediction & technical analysis on November 28, 2017
Cancellation of the variant of the fall of the Pound/Dollar will be a strong growth and breakdown at the level of 1.3420, which will indicate the breakdown of the upper boundary of the corridor and the continuation of the pair’s growth above the level of 1.3550. Expect to accelerate the decline is with the breakdown of the level of 1.3300.
GBP/USD prediction & technical analysis on November 28, 2017 involves an attempt to test the resistance level and continue falling with the target at 1.3180, an additional signal in favor of the decline of the British Pound will be a breakdown of the support line on the relative strength indicator (RSI).
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