The currency pair British Pound to US Dollar GBP/USD continues to move within the limits of the decline. At this point, we should expect a rebound from the support level with a target above area 1.30. In favor of the growth of the Pound/Dollar pair on Forex is the test of the support line on the indicator of relative strength index (RSI).
GBP/USD forecast & analysis Pound Dollar on August 24, 2017
The cancellation of the pair’s growth option will result in a drop and breakdown at the level of 1.2750, indicating that the pair’s quotes will continue to decline.
Important news from the UK is not expected, so the pair will continue to move in the technical analysis GBP/USD.
GBP/USD forecast & analysis Pound Dollar on August 24, 2017 involves a rebound attempt from the support level for growth above 1.30, where again we should expect the pair Pound/Dollar to continue to decline.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
