The currency pair Pound Dollar GBP/USD continues to trade in line with expectations. At the moment, there is the potential to complete the formation of the triangle model.
GBP/USD Forex Forecast — June 7, 2016
To do this, see the test level of 1.47. Cancellation option can be a strong drop in prices below the level of 1.4370 pounds. However, if the test area below the 1.4320 level, we will have the potential to form a bullish wave pattern Wolfe with a potential target price growth above the level of 1.4620 pounds. GBP/USD Forex Forecast — June 7, 2016 assumes a drop in prices Pound Dollar below 1.4320, where should try to buy the pair with the tight stop.
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