Currency pair pound dollar GBP USD continues to move in the development of the downward trend, the immediate goal of the fall is the area of support at the level of 1.21 with a breakdown of which is expected to continue trying to reduce to below the level of 1.18. Cancellation option will be a strong growth of quotations GBP / USD above the 1.2340 level, which indicates a return quotes inside the rising channel.
GBP USD Forecast dollar pound on December 26, 2016
We continue to keep selling the dollar and the pound are ready to increase the volume of sales with a decrease in development. Important news for the pound on Monday, December 26, 2016 is not expected, so the pair will continue to move in the technical analysis of GBP / USD.
GBP USD Forecast dollar pound on December 26, 2016 involves an attempt to continue to fall short of support at 1.21, the cancellation option will break the lower boundary of the rising channel.
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