Currency pair pound dollar GBP USD continues to move in the uplink and currently has the potential to start the growth of quotations of the dollar the pound within the mining rising forex model 5-0 with a potential target of growth above the level of 1.27.
GBP USD Forecast Pound Dollar on February 20, 2017
In favor of a rebound and the growth of quotations of the pair serves hearty test the support line on the indicator of relative strength.
Cancellation option GBP/USD quotes growth will make the sample the lower boundary of the channel and the pair falling of quotations in the area below the level of 1.23, which points to the continued decline in the area below the level of 1.2150.
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 20, 2017 suggests an attempt to continue its growth in the rebound from the rising channel’s lower border with the potential target near the 1.2700 level, the cancellation option will drop the breakdown of the rising channel’s lower border.
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