Currency pair Pound Dollar GBP/USD is trading at 1.3159. The pair continues to bargain inside the Ichimoku Kinko Hyo Cloud, indicating a sideways trend for the Pound/Dollar pair. The Ichimoku Kinko Hyo Cloud Upgrade Test is expected near the level of 1.3205, where we should expect a fall attempt with a target near the level of 1.3015.
Pound Dollar forecast GBP/USD on October 25, 2017
Earlier, a weak signal was received for buy of the Pound/Dollar pair, due to the crossing of the signal lines at the level of 1.3165. The cancellation of the fall of the pair quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the 1.3280 area, which indicates a change in the flat trend in favor of the bullish. To expect the acceleration of the fall of the GBP/USD quotes is at the level breakdown at 1.3080.