Currency pair pound dollar GBP USD continues to trade within a descending development trend of the quotations were able to show a continuation of the correction, but there is still potential for a fall of quotations of the dollar against the pound. As you can see, there is a test of the descending trend line on the indicator of relative strength, it also points to the drop since the current levels.
GBP USD Forex Forecast pounds on October 28, 2016
Cancellation option will be a strong growth of the pair GBP USD and a break of the trend line that points to the continued growth of quotations of the pound in the area above the level of 1.25. The purpose of the fall is the area at the level of 1.18.
GBP USD Forex Forecast pounds on October 28, 2016 suggests an attempt to fall in the rebound from the resistance line on the indicator of relative strength, the cancellation will be strong Rots and quotations going beyond the level of 1.2350.
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