The currency pair Pound Dollar GBP USD continues to move within the framework of strong growth, at the moment there is still potential for reducing the pair within the rebound from the resistance area on the indicator of relative strength. However, consider selling the pound dollar pair only with the breakdown of the bottom of the uplink, which indicates the completion of the upward trend in the pair.
GBP/USD Forecast Pound Dollar on March 28, 2017
The reduction target can be the area at the level of 1.245. In the case of breakdown of the area of 1.2650, one should expect the pair to continue to grow as part of the start of the Forex Triangle Triangle development with the daily chart of the GBP/USD pair.
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 28, 2017 suggests an attempt to lower the resistance from the downward line of resistance on the relative strength indicator, the breakdown of the region will be 1.2650.
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