The currency pair British Pound to US Dollar GBP/USD continues to move within the framework of growth, but at the moment there is a potential for falling quotations in the area below the level of 1.2750. In favor of the fall is the formation of the reversal Forex Head and shoulders models on the indicator of relative strength.
GBP/USD Forecast British Pound on April 28, 2017
The cancellation of the GBP/USD decline will result in strong growth and breakdown of the area of 1.2970, indicating that the pair will continue to grow. Expect to accelerate the fall of the pound dollar stands with the breakdown of the support line on the indicator of relative strength.
Among the important news from Britain, which can have an impact on the pound against the dollar, it is worth highlighting, the change in GDP volume, the volume of mortgage lending from VBA.
GBP/USD Forecast British Pound on April 28, 2017 suggests an attempt to fall into the area below the level of 1.2750 as part of the development of the reversal Forex Model Head and shoulders on the indicator of relative strength.
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