Currency pair pound dollar GBP USD continues to trade within a bearish pattern mining Wolfe waves with a potential target of the fall below 1.2980 we continue to keep selling GBP USD and are ready to increase the volume of sales.
GBP USD Forecast Pound Dollar on September 13, 2016
An additional signal for the continuation of the fall will be a breakdown of the rising channel. Cancellation option quotations falling of pair GBP USD will be strong growth above the level 1.3450, which will point to the abolition of the forex model Wolfe waves and continued growth of quotations.
GBP USD Forecast Pound Dollar on September 13, 2016 suggests an attempt to fall within the framework of the descending forex models to below 1.2980.