GBP USD Forecast British Pound on September 7, 2016


Currency pair pound dollar GBP USD continues to test resistance area at the moment is stored potential to rebound from this level and develop quotes GBP USD fall to below 1.32. Cancellation option will be a breakdown of the area 1.34.

GBP USD Forecast British Pound on September 7, 2016

GBP USD Forecast British Pound on September 7, 2016

An additional signal in favor of the fall is the area of the resistance test on the indicator RSI. We try to sell the pair GBP USD to close the table, in case of a breakdown region 1.34, the pair is expected to continue the growth of quotations in the area above the level of 1.35.

GBP USD Forecast British Pound on September 7, 2016 suggests an attempt to fall in the rebound from the resistance area, high-quality signal in favor of the fall will be the completion of the formation of topping forex head and shoulders pattern on the shorter periods of time.


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