GBP promising move

Thursday, 22/02/2018 | 12:18 GMT-0

Disclaimer

At the end of the American session on Wednesday bear air was prevailing. The currency pair Pound to Dollar (GBP/USD) keeps moving within the correction mode. Closing below the 1.3800 scale shows that the pair will keep falling below 1.3540 at least.

There are no important news expected in Great Britain that could have made an impact on the GBP/USD rate, so the pair keeps its move according to the technical analysis predictions.

Larson&Holz analysts recommend selling GBP/USD below 1.3800 aiming at 1.3540. In case of bouncing close to 1.3950, then we can be confident and expect 1.4450 at least.

Larson&Holz Review

Disclaimer

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