GBP/USD Forecast FOREX — June 8, 2016


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Currency pair pound dollar GBP USD continues to trade within the forex triangle patterns. At the moment, there is potential for higher growth in the area of 1.4600, where is expected to fall and break through the lower boundary of the triangle model.

GBP/USD Forecast FOREX — June 8, 2016

GBP/USD Forecast FOREX — June 8, 2016

Cancellation option of falling quotations pound dollar tomorrow 8 June 2016 will break through the upper boundary of the triangle model up. An additional signal in favor of the fall will test the descending trend line on the indicator of relative strength.

GBP/USD Forecast FOREX — June 8, 2016 assumes a drop in the rebound from the resistance line on the display of relative force to below the level of 1.44.


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