Currency pair pound dollar GBP USD continues to move in the uplink and for the moment there is the potential for the breakdown of the channel’s lower border, which will point to the continued decline in the area below the level of 1.23.
In favor of the drop in prices pair Pound Dollar dense stands the test downward trend line on the indicator of relative strength.
GBP USD Forecast FOREX Pound Dollar on February 21, 2017
Cancellation option of falling quotations pair GBP/USD will be strong growth and closing quotes above the level of 1.25, which points to continued growth in the region above the level of 1.2650.
Among the important news from the UK, which may have an impact on the pound against the dollar, we should mention, Parliamentary hearings on inflation issues, as well as the head of the Bank of England’s speech with speech, we should expect increased volatility at the time of publication of news, as these events have a strong impact To the market.
GBP USD Forecast FOREX Pound Dollar on February 21, 2017 suggests an attempt to drop and the breakdown of the rising channel’s lower border in order to reduce the level below 1.23 area.
