Pair GBP/USD Pound Dollar is one of the classic major pairs in the foreign exchange market. The British pound is ranked fourth in terms of trading activity among traders. British pound traders call “Cable”.
GBP/USD Prediction Pound Dollar today
The pound received strong pressure from investors after the decision of the UK to withdraw from the EU. Many traders believe that the country will face serious economic problems so the pressure on the pound will be maintained until Brexit. At the moment, we are seeing a serious downtrend on the pound against all currencies. The pound is trading in the lows and is ready to continue falling.
GBP/USD technical analysis & NEWS
Within the framework of the pound forecast, we offer a daily free technical analysis of the British pound against the US dollar on FOREX. Here, trend lines and graphic patterns are used.