Currency pair pound dollar GBP/USD is trading at 1.2325. Quotes are testing the upper boundary of the downtrend channel and resistance area. At the moment, there is potential for a rebound and continue to fall below the level of 1.21.
Technical analysis and forecast GBP USD on January 6, 2017
Cancellation option of falling of quotations currency pair Pound Dollar will be strong growth above the level of 1.2370, which points to continued growth in the region above the level of 1.25. Is expected to accelerate the fall of quotations of the dollar pound is a breakdown of the area of a local minimum.
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