Currency pair pound dollar GBP USD finished the current trading week at 1.3307. Currently quotes pound traded at the upper boundary of the model triangle, which points to a potential rebound and fall in quotes pound against the dollar with the target of the lower boundary of the model.
GBP USD Forecast on September 5, 2016 — September 9, 2016
Cancellation option of falling pound against the US dollar next week, trading can become a top model breakdown border triangle that points to the continued growth of quotations pair GBP USD, in this case we should expect the pair to above 1.40. Unfortunately, the additional signal at the moment on the pair no longer necessary to take a decision in the analysis of small time intervals.
GBP USD Forecast on September 5, 2016 — September 9, 2016 suggests an attempt to rebound from the upper boundary of the triangle model and the fall in the area at the level of 1.30, the cancellation will be the breakdown of the top border.
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