Currency pair British Pound to US Dollar GBP/USD completes trading week at 1.2721. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a flat trend for the Pound/Dollar pair. Ichimoku Kinko Hyo Cloud is expected to test near the level of 1.2640, from which it is expected to test the upper boundary of Ichimoku Kinko Hyo Cloud near the level of 1.2900.
British Pound forecast GBP/USD on June 26 — 30, 2017
Earlier, a weak signal was received for the sale of the Pound/Dollar pair, due to crossing of the signal lines at the level of 1.2907. Consider selling is worthwhile with the breaking of the lower boundary of the Cloud of Ichimoku Kinko Hyo and closing of quotations below the level of 1.2530, in the case of breaking the upper boundary of the Cloud, Ichimoku Kinko Hyo should expect the continuation of the bullish trend of GBP/USD.
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