Currency pair British Pound to US Dollar GBP/USD is trading at 1.2755. The pair is traded within the Ichimoku Kinko Hyo Cloud, indicating a sideways trend for the Pound Dollar pair. The test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 1.2680.
British Pound forecast GBP/USD on June 28, 2017
Earlier, we received a weak signal for buying of the pair Pound/Dollar, due to crossing of the signal lines at the level of 1.2696. Consider buying is worthwhile with the breaking of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes above the level of 1.2810, in the case of breaking the lower boundary of the Ichimoku Kinko Hyo Cloud, one should expect the development of a bearish trend in GBP/USD to continue.
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