The currency pair Pound Dollar GBP/USD is trading at 1.2420. Quotes pound could break through the lower boundary of Ichimoku Cloud, which indicates the potential change in favor of a downward trend. There was also a weak signal is received in the sale of a pair GBP/USD, we can expect a tight test of Ichimoku Cloud and continue falling to below the level of 1.23.
Ichimoku Kinko Hyo forecast GBP/USD on February 28, 2017
Cancellation option drop in prices pair pound dollar will sample the upper limit of the Ichimoku Cloud with closing quotes above level 1.2490, which will indicate the likely change of trend in favor of the growth of the pound against the US dollar.
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