GBP/USD technical analysis and forecast for 04/04/2016 – 04/08/2016 week

The published information about the labor market in the USA is described differently by the investors, but the currency pair GBP/USD is currently falling.

GBP/USD technical analysis and forecast for 04/04/2016 – 04/08/2016 week     

The pound has shown the growth in comparison with the dollar, but the “bulls” lost all their advantages on Friday.  The RSI has moved to the support level on the four hour chart that indicates the soonest renewal of the ascending trend. The main goal of GBP/USD growth is located in the area of the down trend top border.

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