Pound is demonstrating the continuation of the growth after another meeting on monetary policy of the Bank of England. Today the regulator has already taken the decision on saving the basic parameters of the monetary policy.
Daily forex forecast/signal GBP/USD on March 18
The currency pair GBP/USD came back growing within the correlation towards the top border of the ascending channel. On the four hour chart Pound/Dollar the RSI is going closer to the resistance level that may cause the pause in the further growth of quotations at the level 1.4500. Generally, the forecast GBP/USD has a potential to keep moving towards its main goal at the area 1.46.
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