Forex forecast GBP/USD June 6, 2016 — June 10, 2016


Currency pair pound dollar GBP/USD ends the week of the current correction. At the moment, there is the potential for the growth of quotations of the pound under test breaks the neckline on the indicator of relative strength.

Forex forecast GBP/USD June 6, 2016 — June 10, 2016

Forex forecast GBP/USD June 6, 2016 — June 10, 2016

It has completed the formation of the head and shoulders pattern, which indicates the continuation of GBP/USD falling to below the level of 1.40. Cancellation option can be a strong appreciation of the pound against the dollar above the 1.47 level.

Forex forecast GBP/USD June 6, 2016 — June 10, 2016 suggests a drop in prices in GBP/USD part of the display relative strength of beginning mining forex reversal patterns with the potential to reduce the level below 1.40.


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