Technical Overview Forex GBPUSD 14.01.2020
GBPUSD pair is trading above the level of 1.2960 in the wake of lowering expectations of the Bank of England interest rates on the eve of important decisions for the country's exit from the EU. We believe that the pair may continue to decline in the wake of the publication of consumer price inflation in the US data.
GBPUSD is below the midline Bollinger indicator 5 below SMA and SMA 14. RSI RSI is located above the zone pereprodannosti and moves horizontally. Stoch grow.
Recommendations for trade GBPUSD:
the cost of overcoming the level of 1.2960 will lead to a drop in GBPUSD pair to 1.2900.
Analytics Grand Capital
Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.
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