Currency pair British Pound to US Dollar GBP/USD continues to move within the bull model of the Wolfe wave. It is worth waiting for an attempt to continue the growth of quotations of the pair in the area above the level of 1.30.
GBP/USD technical analysis & signals on June 20, 2017
In favor of growth of quotations GBP/USD is the breakdown of the bearish trend line on the indicator of relative strength index (RSI). Abolition of the growth will break through the area of 1.26, in this case it is expected to continue falling to the area below the level of 1.2450.
Among the important news from Britain, which can have an impact on the pound against the dollar, it is worth highlighting: Speech by the head of the Bank of England Mark Carney with a speech.
GBP/USD technical analysis & signals on June 20, 2017 suggests an attempt to increase to an area above 1.30 as part of the development of the bullish model of Wolfe wave, the cancellation will be a breakdown at the level of 1.26.
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