Currency pair pound dollar GBP USD continues to move in a lateral trend, and at the moment there is a potential for the continuation of falling of quotations pound dollar to below the level of 1.2340, where we should expect a rebound and the beginning of growth of quotations of the pair.
GBP USD Forex Forecast Pound Dollar on February 15, 2017
We continue to keep selling the pair GBP USD and are willing to try new deal in favor of a fall from a breakdown of the rising channel’s lower border.
If the pair Pound Dollar will not be able to leave the ascending channel, we should expect growth in an attempt to start mining within the bovine model 5-0 with a potential target of growth above the level of 1.27.
Among the important news in Forex, which may affect the pair Pound Dollar exchange rate, stands out, change in the number of applications for unemployment benefits, the unemployed rate of applications for employment, unemployment rate.
GBP USD Forex Forecast Pound Dollar on February 15, 2017 suggests an attempt to fall below the level of 1.2340, where we should expect a rebound and the beginning of growth, but a breakdown of the lower limit is expected to continue falling to below the level of 1.2250.
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