Currency pair pound dollar GBP USD continues to trade within the forex triangle patterns. At the moment there is a potential for continued growth of quotations to pound at a level above 1.4640, where we can expect the beginning of falling to the lower boundary of the model, the cancellation option fall quotes GBP USD will be strong growth and penetration level of 1.4750.
FOREX Forecast GBP/USD — June 10, 2016
An additional signal in favor of the fall will test the descending trend line on the indicator of relative strength. FOREX Forecast GBP/USD — June 10, 2016 suggests GBP/USD quotes growth to above 1.46, where we can expect the beginning of falling.
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