Publication of business activity data in the UK construction sector had no effect on price dynamics of sterling, the rate remained unchanged at 54.2 points. In FOREX, the pair GBP/USD is traded downward.
GBP/USD technical analysis and forecast on April 6
GBP/USD did not develop an upward movement, which was scheduled on Monday, at the four-hour chart the relative strength indicator is returned to the level of support that could lead to a new rebound. “Bears” are trying to make a downward trend, but the pair continues to have the correction to the upper boundary of the descending channel. Forecast for GBP/USD on April 6 involves the growth of quotations in the area of 1.4350.
