Currency pair pound dollar GBP/USD is trading at 1.2415. Pound Quotes struck region of the upper downtrend channel boundaries and at the moment there is a potential for continued growth in the region next resistance level near the area of 1.2670.
Technical analysis and forecast GBP/USD on January 9, 2017
The cancellation option of upward correction for the pair GBP/USD will break-down area of a local minimum that will trigger continued decline and accelerate the development of downstream trends.
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