Currency pair pound dollar GBP USD is trading fully in line with expectations and our forecast the pound to the dollar tomorrow. Currently, there are risks to the beginning of growth in mining within the inverted head and shoulders pattern with a view above the level of 1.35.
GBP USD rate forecast for the British Pound July 26, 2016
Cancellation option will break through the 1.3040 level, which indicates a potential continuation of the downtrend for the pair GBP USD to below 1.26. Increase the amount of purchases only after the shedding of the level of the neckline.
GBP USD rate forecast for the British Pound July 26, 2016 assumes attempt to increase quotes GBP USD within start mining bullish head and shoulders pattern with a target at the level of 1.35, the abolition of the growth scenario will be a drop in prices pair below the local minimum.
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