Currency pair pound dollar GBP USD is also rather close or rather testing the area where the borders of the lateral movement of the pound had enough time to go beyond the flat. At the moment, if the couple will be able to show a close above the 1.2380 level, we can talk about the continuation of the upward movement.
GBP USD Forecast Pound Dollar on November 3, 2016
However, while the pair is testing the resistance area, is expected to fall in quotations attempt GBP USD to below the limit of lively movement at a level below the area of 1.2150.
GBP USD Forecast Pound Dollar on November 3, 2016 suggests an attempt to rebound a pair of quotes to tenderly border, but the breakdown level of 1.2380 will trigger a continuation of an upward trend for the pair.