The currency pair Pound Dollar GBP USD continues to move above the Ichimoku Cloud, which implies a growth of quotations attempt to above the level of 1.27. Previously it received a weak signal in favor of the fall of the pound against the dollar due to the intersection of the signal lines.
GBP/USD forecast Pound Dollar on March 2017
To confirm the fall is the area of the sample to squeeze the fall lower limit of the Ichimoku Cloud with closing quotations below 1.2270 area, which point to continued decline. But do not rule out an attempt to test the dense upper limit of the Ichimoku Cloud and rebound pound up against the dollar.
Consider selling the pair GBP/USD is just a breakdown of the lower limit, it will point to the potential continuation of the downward trend in the area below the level of 1.1950.
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