Forecast Forex Pound Sterling GBP USD on November 14, 2016


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Currency pair pound dollar GBP USD continues to rise, and currently quotes pound left the descending channel model 5-0. However, the potential for reduction of quotations pair is stored. As you can see, on the relative strength indicator is formed by reversal pattern Forex Head and Shoulders, indicating a potential decline since the current levels. In fact, the chart has a tight test the resistance line, which also points to the formation of the descending pattern Three Indians.

Forecast Forex Pound Sterling GBP USD on November 14, 2016

Forecast Forex Pound Sterling GBP USD on November 14, 2016

Cancellation option drop in prices pair pound dollar will be strong price growth above the level of 1.27.

Forecast Forex Pound Sterling GBP USD on November 14, 2016 suggests an attempt to fall within the beginning of working out a reversal forex head and shoulders pattern on the indicator of relative strength.

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