Currency pair GBP/USD Forex continue testing the descending pattern 5-0, which is a resistance area in the form of the upper boundary. The potential target of the fall is area on the level below 1.38. Growth GBP/USD above the 1.4350 level will be the signal to cancellation option from mining model 5-0 price. In this case, should expect that the currency pair will continue growth rate above the level of 1.46 pounds. Testing a resistance area on the indicator of relative strength is an additional signal in favor of the fall.
Daily forex forecast GBP/USD on March 14.
Thus, the Forex forecast GBP/USD on 03.14.2016 involves an attempt to fall within the beginning of the descending pattern 5-0.
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