The currency pair Pound to Dollar GBP/USD continues to trade near the local maximum level. At the moment, there is the potential for continuing growth in the upper boundary of the rising channel, from which it is expected to fall quotations of the pound dollar in the area below the level of 1.2640.
GBP/USD Forecast Pound Dollar on April 25, 2017
In favor of the fall will form a reversal Forex Head and Shoulder models on the indicator of relative strength. The cancellation of the fall of the GBP/USD pair will result in a strong growth and breakdown of the area of 1.2950.
Among the important news from Britain, which may have an impact on the pound against the dollar, it is worth highlighting the net volume of public sector borrowing.
GBP/USD Forecast Pound Dollar on April 25, 2017 suggests an attempt to fall below the level of 1.2640 as part of the development of the reversal Forex Head and shoulders models on the relative strength indicator, cancel the breakdown of the area of 1.2950.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
