Informers Quotes Quotes charts Bank Interest Rates Currancy Rates Currency Converter Economic calendar Monitoring Crypto Currencies

GBPUSD continues to fall to 1.27

contentUrl

Pound Sterling continues price drop in pair with the US dollar, when the positive data on employment levels, inflation and retail sales were published. Good economic statistics means that the third quarter will be favorable for the country’s economy.

Meanwhile the general trend of GBP / USD is down-trend. A strong dollar and the generally unfavorable situation with Brexit contributes to it. Technically the pound sterling also shows a down trend with a drop to the support zone of 1.27-1.26 and lower to the downside channel boundary – 1.24 potentially. Sell now is better on the price correction.

GBPUSD forecast

GBPUSD forecast

See also

Oil Brent price returns to April values

Fortrader contentUrl Suite 11, Second Floor, Sound & Vision House, Francis Rachel Str. Victoria Victoria, Mahe, Seychelles +7 10 248 2640568

Add comment

E-mail is already registered on the site. Please use the login form or enter another.

Sorry, you must be logged in to post a comment.

More from this category


Loading...