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The forecast of GBP / USD for December 24, 2018

GBP / USD

The British pound sluggishly responded to the reduction in the work of American public services, since England's own problems may look much more serious. To date, the pound is trading in the range of Friday. Technically, there is a possibility of growth, but it is limited by the resistance of the nested line of the price channel (1.2726, but, speaking more precisely, we define the range of 1.2705 / 26), the possibility of reduction is fully realized when fixing below the Kruzenshtern line on the four-hour chart (1.2616). But this situation lasts for the fifth session, so it is worth waiting for the market to decide.

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28DV6a5mpJc7Yp2Vj7ISBuQQsj69LZV8_wRl9kPuThe material has been provided by InstaForex Company - www.instaforex.com