GBP USD Forecast Pound Dollar FOREX on September 6, 2016


Currency pair pound dollar GBP USD continues to test resistance area at 1.3290. At the moment there is a potential for a fall in quotations pound against the US dollar to below 1.31 areas.

GBP USD Forecast Pound Dollar FOREX on September 6, 2016

GBP USD Forecast Pound Dollar FOREX on September 6, 2016

An additional signal in favor of the fall is the level of resistance test, which also points to a quick rebound from this area and the fall of the development. An additional signal in favor of the fall is the formation of reversal pattern Forex Head and Shoulders on shorter periods of time. Cancellation option of reducing the GBP USD will be strong growth above the level of 1.3360, which points to continued growth in the region of a local maximum.

GBP USD Forecast Pound Dollar FOREX on September 6, 2016 suggests an attempt to fall in the rebound from the resistance area in order to reduce the level below 1.31 areas.


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