GBP/USD Daily Forecast - 24 April

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Tuesday, Apr 24 2018

GBP/USD Daily Forecast - 24 April

Cancellation of the growth variant of Pound/Dollar will be the fall and breakdown of the support area with the closing of quotes below the level of 1.3900, which will indicate the continuation of the fall of the pair. To expect confirmation of the growth of the pair is with the breakdown of the resistance area and the closing above the level of 1.4020.

Forext24.pro suggests an attempt to test the support area near the 1.3950 level and continue growing above the 1.4179 level, as part of the head and shoulders reversal pattern, an additional signal in favor of the growth of the British Pound will be the test the area of support on the indicator of relative strength index (RSI), the cancellation of the growth option will be the fall and breakdown of the area of 1.3900.

More in this category: « EUR/USD Daily Forecast - 23 April AUD/USD Daily Forecast - 25 April »

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