03.2016 The attempt of applying the reversal Forex model at the RSI with the goal lower than 1.11 level.
The currency pair pound/dollar GBP/USD has already continued its growth, however at the moment it has a potential for down trend model 1:1 forming. The quotations of pound/dollar should grow higher than 1.4450 level to cancel the falling. Testing the resistant area on the Relative Strength Index is an additional signal to start selling. But, it is better to sell GBP/USD currency pair only when it breaks the ascending channel.
Daily forex forecast EUR/USD on March 15.
Thus, FOREX forecast of Pound/Dollar GBP/USD on 15.03.2016 is about to fall in the framework of down trend of the Forex model 1:1.
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