Currency pair pound dollar GBP USD continues to trade in line with expectations and our forecast of Pound to Dollar. Quotes were able to break through the lower boundary of triangle forex pattern that points to the potential continuation of falling of quotations GBP/USD below 1.18.
GBP USD Forex Forecast pounds on October 27, 2016
Cancellation option will be a strong growth of quotations of the pound above the level of 1.23, which indicates the continuation of upward correction. We hold short positions and are ready to increase the volume of sales decreasing.
GBP USD Forex Forecast pounds on October 27, 2016 suggests an attempt to continue the fall of the pound against the dollar within the mining triangle forex pattern.
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