The pound sterling has shown rapid growth in the pair GBP/USD, earlier this week, taking advantage of the weakening of the US dollar. In two days growth of FOREX- trading up more than 270 points, even the debate about the possible loss or UK acquisitions as a result of leaving the euro zone could not stop the British currency.
GBP/USD technical analysis and forecast on April 21
Currency pair GBP/USD has slowed growth and the RSI indicator on the daily chart indicates a possible decline in the trend line. The goal for the “bulls” on the pound is in the upper limit of the downward channel. Thus, according to the forecast GBP/USD is expected to continue the movement to the target level of 1.45, but does not exclude a short correction.
