Currency pair British Pound to US Dollar GBP/USD is trading at 1.2968. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair Pound/Dollar. The expected test Ichimoku Kinko Hyo Cloud near the level of 1.2970, where we can expect an attempt to grow and develop the bullish trend for the pair GBP/USD with a target to rising near the level of 1.3185.
Forex forecast Pound Dollar GBP USD on July 21, 2017
Earlier, a weak signal was received for the sale of the pair Pound/Dollar, due to the crossing of the signal lines at the level of 1.3028. The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 1.2925, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations GBP/USD stands with the breakdown of the local maximum area at 1.3150.
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