Currency pair pound dollar GBP USD continues to trade outside of the descending channel at the moment is still the potential for the pound to fall below the level of 1.2345 within the mining forex failure swing pattern on the indicator of relative strength.
GBP/USD Forecast British Pound on March 23, 2017
Cancellation option will be the continuation of the growth and the breakdown of 1.2550 area, which point to continued growth and the breakdown of the area 1.26.
Among the important news of Britain, which can have an impact on the pound against the dollar, we should mention, Speech by the Bank of England’s monetary policy speech, Retail Sales, taking into account fuel costs, expected growth rate at the level of -0.3% to 0.4 % and from 1.5% to 2.6% in annual terms.
GBP/USD Forecast British Pound on March 23, 2017 suggests an attempt to fall within the mining model Forex failure swing in order to reduce the area near 1.2345.
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