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IIAF

GBPUSD

British Pound / U.S. Dollar (FX:GBPUSD)  
IIAF  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
2
0
trendanalysis
The GBPUSD has moved on red trend line since November. The pair could reach R1 last week. Now, I see two scenario for GBPUSD:
First: price break red trend line support then it would go down 1.2910 area and perhaps lower level.

Second: It is possible the pair currency pullback on red trend line and it go up R1 and R2.
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