GBP USD Forex Forecast on September 8, 2016


Currency pair pound dollar GBP USD contrary to expectations, has shown strong growth and was able to break through the upper boundary of the model triangle. From a technical point of view we can expect continuation of growth of pair of quotes and the beginning of the mining triangle forex pattern.

GBP USD Forex Forecast on September 8, 2016

GBP USD Forex Forecast on September 8, 2016

However, currently stored for the potential drop in the beginning of the rebound resistance test area as uplink upper border and also a relative indicator of resistance force. Cancellation option will be the strongest growing quotes GBP USD above the upper boundary of the channel, which will point to the acceleration of the upward movement of the dollar against the pound.

GBP USD Forex Forecast on September 8, 2016 involves correcting development to fall below the level of 1.3350.


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