The currency pair pound dollar GBP USD continues to move within the framework of growth, however, the potential for falling quotations of the pound-dollar pair into the region below the level of 1.2350 remains. In favor of the decline is the formation of a reversal Forex model The failed swing on the indicator of relative strength.
GBP/USD Forecast Pound Dollar on March 27, 2017
The cancellation of the fall of the GBP/USD pair quotes will result in strong growth and breakdown of the 1.26 area. Important events from Britain, which may have an impact on the pound dollar rate is not expected, so the pair will continue to move in the technical analysis of GBP/USD.
GBP/USD Forecast Pound Dollar on March 27, 2017 suggests an attempt to fall with the breakdown of the area of 1.23450 with closing prices within the start of the development of the reversal Forex model the failed swing on the relative strength indicator, cancellation may be a strong growth and breakdown of the area of 1.26, which will indicate a continuation growth pair pound dollar.
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