The currency pair Pound Dollar GBP/USD is trading at 1.2427. The pair continues to move in the downward trend and is trading below the Ichimoku Cloud. Earlier, an alarm was received in favor of the sales of the pound against the US dollar due to the intersection of the signal lines.
Ichimoku Kinko Hyo GBP USD forecast on February 21, 2017
At the moment, we can expect continuation of falling of quotations attempt to GBP/USD 1.2450, after the field test. Cancellation option of continuing falling of quotations of the dollar the pound will sample the upper limit of the Ichimoku Cloud and closing quotes above level 1.2550, which will point to the continued growth and a potential shift in favor of the rising trend. Expect acceleration of decrease in pair of quotes is a breakdown of the 1.2390 area.
