The currency pair British Pound to US Dollar GBP/USD continues to move within the expectations of our GBP/USD forecast. It is worth to expect an attempt to fall into the area below the level of 1.28 as part of the beginning of the Forex model for the Wolfe wave.
GBP/USD forecast & analysis Pound Dollar on July 17, 2017
The abolition of the fall of the pair will be a strong growth and a breakdown at 1.3150, which indicates the continued growth of the Pound/Dollar. Expect to accelerate the decline is with the breakdown of the level of 1.30.
Important news from Britain is not expected, so the pair will continue to move in the technical analysis of GBP/USD.
GBP/USD forecast & analysis Pound Dollar on July 17, 2017 suggests an attempt to fall as part of the start of the development of the Wolfe wave model with a potential downside target at 1.28, with a breakdown at 1.3150, which will indicate continued growth.
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