Currency pair GBP / USD went respectively to the previous forecast - 2B formed a pattern that has the prospect to reduce prices . As expected, there was a false breakdown zone of resistance at 1.6600 . Formed a strong bearish pattern external bar (BEB - Bearish Bar), which is likely to ask a downward trend for the pound . Sales from current prices - are relevant . Reduction goal - to support area as shown on the chart.
Fundamentally Pound looks weak , as after the speech Carney , head of the bank Angii pound lost some positions gained last week. Tuesday should pay attention to the UK GDP data , which can support the pound. However , the focus this week will be the Fed meeting on monetary policy.
Fundamentally Pound looks weak , as after the speech Carney , head of the bank Angii pound lost some positions gained last week. Tuesday should pay attention to the UK GDP data , which can support the pound. However , the focus this week will be the Fed meeting on monetary policy.
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