Sunday 14 August 2016

Pound aims south

In several polls about GBP/USD, the experts were of the view, that during August the pair will re-test the 1.2700-1.2800 area. Apparently, after hearing this forecast, the couple all week persistently sought to down, but so far it managed only to fall to the level of 1.2900.
Speaking about the future of the pair GBP/USD, 100% of indicators look to the south. According experts forecasts and graphical analysis, the pair will not be able in the near future to overcome the 1.2810-1.2850 support and bouncing from it, will go up - to the 1.3200-1.3250 area. It should be clarified that about 70% of the experts believe, that in the medium term, under bearish pressure, the pair will move to the south and will try to test the support at 1.2700, and in case of breakdown, it will go down further - to the level of 1.2500.


No comments:

Post a Comment