Currency pair pound dollar GBP USD continues to move in the uplink and for the moment repelled by area of support. In favor of a rebound of quotations in the area above the level of 1.2580 testing the uptrend line on the indicator of relative strength.
GBP USD Forecast Pound Dollar on February 16, 2017
Cancellation option price growth pound dollar pair will drop and the sample area of 1.2350 closing prices that will indicate an continued decline in the area below the level of 1.22.
Expect acceleration GBP/USD quotes growth is a breakdown of the descending trend line on the indicator of relative strength.
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 February 16, 2017 suggests an attempt to increase within the dense test the uptrend line on the indicator of relative strength, indicating a rebound and test the area above the level of 1.2580.
