Technical analysis and forex forecast Pound Dollar (GBP / USD) on 04/17/2017: Pound - trade in the range

16 апреля 2017 - Fx4News

Technical forex forecast GBP / USD today 17/04/2017

On the last day of the previous trading week, the pair GBP / USD traded with a slight strengthening. Bears did not try to break the mark of 1.2500. Data from the United States had little support for American, and on this background, quotes GBP / USD rose to around 1.2530 where the British and completed trades.

GBP / USD forecast and recommendations April 17, 2017

The Briton is trading at 1.2530, traders GBP / USD should not expect continuation of growth of the resistance 1.1.2560-70, Where is likely to rebound to around 1.2500-10, and successfully breakthrough and consolidation below, continuing to reduce .1.2460-70. It is also possible to reduce the dollar pound pair from the current levels to 1.2500, while overcoming resistance to further 1.2460-70. The trading range for April 17 to GBP / USD 1.1270 - 1.2570.

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