Currency pair pound dollar GBP USD continues to move in the forex mining model head and shoulders with a potential spruce decline in the level of 1.21.
GBP USD Forecast on November 22, 2016
Cancellation option can become a strong growth of quotations of the dollar the pound above the level of 1.25, which indicates an attempt to abolish the model of development of ascending correction pound. We continue to hold to sell the pair and increase the amount of short positions.
GBP USD Forecast on November 22, 2016 suggests an attempt to continue falling within the mining forex reversal patterns with the first goal of the fall to a level below 1.21 areas.