Currency pair pound dollar GBP USD finished the current trading week at 1.3128. To date, the potential is retained for further quotes GBP USD falling within the descending pattern of 1:1. The purpose of the fall and testing of such a model is the area below the level of 1.28.
GBP USD Forecast for the week 29 August, 2016 — 2 September, 2016
Cancellation option of the drop in prices will be the British Pound, with strong growth and the breakdown of the area 1.33. We continue to keep selling the pair GBP USD and are ready to increase the volume of sales to the extent of the fall.
GBP USD Forecast for the week 29 August, 2016 — 2 September, 2016 assumes the continuation of the fall in the framework of completion of work on the bear model 1:1 in order to fall below the 1.28 area, the cancellation will be the breakdown of the top models of the border that will point to the continued growth of quotations GBP USD in the region above the level of 1.35.
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