Currency pair pound dollar GBP USD continues to fall in line with expectations and our forecast GBP USD for every day. At the moment, there is potential for development of ascending correction within the inverted start mining the forex head and shoulders pattern on the indicator of relative strength.
FOREX GBP USD Forecast October 12, 2016
Cancellation option will be the continuation of the decline and the breakdown of the area below the level of 1.2150, which indicates an area of continued falling below 1.18.
FOREX GBP USD Forecast October 12, 2016 suggests an attempt of correction within the framework of working out a reversal pattern on the display relative strength in order to increase above the level of 1.24.
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