GBPUSD, “Great Britain Pound vs US Dollar”
The GBPUSD pair has completed a growth wave towards 1.2500 and a decline link to 1.2456. Practically, the boundaries of a consolidation range have been set. Today the market might extend the range towards 1.2538. Next, a decline wave targeting the 1.2444 level could start. And if this level is breached, the potential for a decline by the trend towards 1.2360 might open.
Origin: RoboForex
