Currency pair pound dollar GBP USD continues to move in the reduction and immediate goal of the fall is the area at the level of 1.2120. In favor of a continuation of the reduction of quotations pound dollar appears tight test pierced the trend line on the indicator of relative strength. In the case of the breakdown field 1.23 should expect a tight test 1.24 level.
GBP USD Forecast Pound Dollar on 6 March 2017
We continue to keep selling the pair GBP/USD. Important events in the UK, which could affect the course of the pound dollar is not expected, so the pair will continue to move within the framework of technical analysis GBP/USD.
GBP USD Forecast Pound Dollar on 6 March 2017 suggests an attempt to fall in the area of 1.2120, the breakdown of which points to a potential local minimum test level for the pair.
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