Currency pair Pound Dollar GBP/USD continues to move within the lateral trend. At the moment, we should expect a test of the level 1.3260 and continuation of the fall of the pair in the area below the level of 1.3060. In favor of the fall of the pair on Forex will perform a test of the broken trend line on the indicator of relative strength index (RSI).
GBP/USD prediction & technical analysis on November 29, 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 bottom of the rising channel and closing below 1.3200.
GBP/USD prediction & technical analysis on November 29, 2017 assumes an attempt to test the level of 1.3260 and continue falling with the target at 1.3060, an additional signal in favor of the decline of the British Pound will be a resistance line test on the relative strength index (RSI), 1.3420.
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