Friday GBP/USD pair trades came sideways, but on Monday, “bears” for the pound demonstrated activity in reducing of prices once again.
GBP/USD technical analysis and forecast on March 29
Currency pair GBP/USD began to increase, the pound rose above the level of 1.4250. The RSI indicator is rising after a rebound from the support level. The main aim to strengthen the sterling remains at the upper boundary of the descending channel. Thus, the forecast GBP/USD on 29.03.2016 includes securing the pair above the 1.4300 mark and continued growth.
GBP/USD technical analysis and forecast for 03/28/2016 – 04/01/2016 week
