Currency pair Pound Dollar GBP/USD continues to move within the limits of growth. At the moment, quotes are testing the upper limit of the rising channel. It is expected to fall sharply in the area below the level of 1.32.
GBP/USD forecast Pound Dollar on September 15, 2017
In favor of the fall of the Pound/Dollar pair on Forex is the test of the resistance area on the indicator of relative strength index (RSI). The cancellation of the pair’s decline will be strong growth and breakdown at 1.3450 level, which will indicate the breakdown of the upper border of the channel and acceleration of the pair’s growth.
Important news from the UK, which may have an impact on the rate of the Pound/Dollar pair, is not expected so the pair will continue to move in the technical analysis GBP/USD.
GBP/USD forecast Pound Dollar on September 15, 2017 involves a rebound attempt from the upper border of the channel and a fall in the 1.32 area, an cancellation signal in favor of the drop is the resistance area test on the relative strength indicator (RSI), the cancellation of the drop will break out at 1.3450 level.
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