FX:GBPUSD   British Pound / U.S. Dollar
Currency pair Pound Dollar GBP / USD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the pound to the US dollar at Forex is 1.2399. Moving averages indicate a short-term bullish trend. Prices push from the area between the signal lines, which indicates pressure from buyers and the potential continuation of the decline in the pair. At the moment, we should expect an attempt to continue the development of the depreciation of the British Pound and test the support area near the level of 1.2285. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against the US Dollar. The purpose of the upward movement of the currency pair, in the framework of the Forex forecast for April 2, 2020, is the area at the level of 1.2785.
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